Intelligent Bio Solutions Announces 510 Submission to US FDA for Fingerprint Sweat-Based Drug Screening Technology

INBS Stock  USD 1.39  0.08  6.11%   
Slightly above 56% of all Intelligent Bio's private investors are looking to take a long position. The analysis of overall sentiment of trading Intelligent Bio Solutions stock suggests that some investors are interested at this time. Intelligent Bio's investing sentiment can be driven by a variety of factors including economic data, Intelligent Bio's earnings reports, geopolitical events, and overall market trends.
  
INBS Intelligent Fingerprinting Drug Screening System INBS non-invasive, cost-effective drug screening solution NEW YORK, Dec. 18, 2024 -- Intelligent Bio Solutions Inc. , a medical technology company delivering intelligent, rapid, non-invasive testing solutions, today announced the submission of its 510 premarket notification to the US Food and Drug Administration for clearance following FDA review of its Intelligent Fingerprint

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Intelligent Bio Investor Sentiment by Other News Outlets

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Intelligent Bio Fundamental Analysis

We analyze Intelligent Bio's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Intelligent Bio using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Intelligent Bio based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Total Asset

Total Asset Comparative Analysis

Intelligent Bio is currently under evaluation in total asset category among its peers. Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.

Intelligent Bio Solutions Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Intelligent Bio stock to make a market-neutral strategy. Peer analysis of Intelligent Bio could also be used in its relative valuation, which is a method of valuing Intelligent Bio by comparing valuation metrics with similar companies.

Peers

Intelligent Bio Related Equities

ECORElectrocore LLC   1.27   
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ELMDElectromed   0.38   
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EWEdwards Lifesciences   0.11   
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ELUTElutia   0.31   
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DXCMDexCom   0.54   
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VREXVarex Imaging   1.10   
30.0%
0%
VTAKCatheter Precision   2.13   
58.0%
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VEROVenus Concept   2.70   
73.0%
0%
VVOSVivos Therapeutics   3.53   
96.0%
0%
OMOutset Medical   3.66   
100.0%
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