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2023-03-30 14:44
Intelligent Bio Solutions Inc. (NASDAQ:INBS – Get Rating)'s share price was down 4.3% during mid-day trading on Wednesday . The company traded as low as $2.76 and last traded at $2.86. Approximately 14,925 shares changed hands during trading, a decline of 92% from the average daily volume of 194,366 shares. The stock had previously closed at $2.99.
The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.19 and a current ratio of 1.32. The stock's 50 day simple moving average is $3.71.
Get Intelligent Bio Solutions alerts:Intelligent Bio Solutions (NASDAQ:INBS – Get Rating) last released its earnings results on Tuesday, February 14th. The company reported ($0.46) earnings per share for the quarter. The company had revenue of $0.63 million during the quarter. Intelligent Bio Solutions had a negative net margin of 421.22% and a negative return on equity of 65.81%. Equities analysts anticipate that Intelligent Bio Solutions Inc. will post -6.6 earnings per share for the current fiscal year.
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Intelligent Bio Solutions Inc, a life sciences company, developing non-invasive, real-time monitoring and diagnostic tests for patients and their primary health practitioners. It offers Saliva Glucose Biosensor, an organic thin-film transistor for diabetes management that measures glucose in saliva. The company also focuses on developing SARS-CoV-2 Biosensor, a biosensor test can be used as a complement to the (RNA) virus detection test; and a biosensor platform comprising of biochemistry, immunology, tumor markers, hormones, and nucleic acid diagnostic modalities.
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