INLIF Stock to Reverse Split on Monday, April 6th (NASDAQ:INLF)

INLIF Limited (NASDAQ:INLF)’s stock is going to reverse split on Monday, April 6th. The 1-16 reverse split was announced on Tuesday, March 31st. The number of shares owned by shareholders will be adjusted after the closing bell on Friday, April 3rd.

INLIF Stock Performance

INLF opened at $0.28 on Thursday. INLIF has a 1-year low of $0.27 and a 1-year high of $1.75. The company’s fifty day moving average price is $0.41 and its two-hundred day moving average price is $0.56.

INLIF (NASDAQ:INLF) last released its quarterly earnings data on Friday, March 6th. The company reported ($0.10) earnings per share for the quarter. The business had revenue of $4.07 million for the quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of INLIF in a research note on Friday, January 9th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, INLIF presently has an average rating of “Sell”.

INLIF Company Profile

INLIF Ltd. is a holding company, which engages in the development of injection molding machine-dedicated manipulator arms. Its products include: Three-axis robot, Five-axis robot and bull head type manipulator. The company was founded on January 4, 2023 and is headquartered in Quanzhou, China.