Inspira Technologies Oxy B.H.N. Ltd (NASDAQ:IINN) price on Wednesday, July 02, rose 32.71% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $1.08.
A look at the stock’s price movement, the close in the last trading session was $0.81. Turning to its 52-week performance, $1.60 and $0.40 were the 52-week high and 52-week low respectively. Overall, IINN moved 73.35% over the past month.
Inspira Technologies Oxy B.H.N. Ltd’s market cap currently stands at around $27.67 million, with investors looking forward to this quarter’s earnings report slated for in August.
Turning to the stock’s technical picture we see that short term indicators suggest on average that IINN is a 50% Buy. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 50% Buy category.
IINN’s current price about 37.58% and 66.67% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 74.91, while 7-day volatility ratio is 13.68% and 11.92% in the 30-day chart. Further, Inspira Technologies Oxy B.H.N. Ltd (IINN) has a beta value of 2.25.
If we refocus on Inspira Technologies Oxy B.H.N. Ltd (NASDAQ:IINN), historical trading data shows that trading volumes averaged 510.57K over the past 3 months. The company’s latest data on shares outstanding shows there are 25.62 million shares.
The 3.94% of Inspira Technologies Oxy B.H.N. Ltd’s shares are in the hands of company insiders while institutional holders own 1.36% of the company’s shares. Current price change has pushed the stock -21.74% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the IINN stock continues to rise going into the next quarter.
