NewGenIvf Group Stock Scheduled to Reverse Split on Monday, January 26th (NASDAQ:NIVF)

Shares of NewGenIvf Group Limited (NASDAQ:NIVF) are going to reverse split on the morning of Monday, January 26th. The 1-3 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Sunday, January 25th.

NewGenIvf Group Stock Down 4.6%

Shares of NASDAQ:NIVF opened at $0.42 on Thursday. The business’s 50-day simple moving average is $1.09 and its 200 day simple moving average is $6.53. The company has a current ratio of 3.43, a quick ratio of 3.37 and a debt-to-equity ratio of 0.17. NewGenIvf Group has a one year low of $0.39 and a one year high of $1,422.50.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. Weiss Ratings reissued a “sell (d)” rating on shares of NewGenIvf Group in a research report on Friday, October 31st. Wall Street Zen raised shares of NewGenIvf Group to a “hold” rating in a research note on Saturday, December 6th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has an average rating of “Sell”.

NewGenIvf Group Company Profile

NewGenIVF Group Inc, trading on NASDAQ under the symbol NIVF, is an integrated provider of reproductive medicine services in the People’s Republic of China. The company operates a network of fertility clinics across major Chinese cities, delivering comprehensive infertility diagnosis and treatment to patients and couples. Its facilities are equipped with modern laboratories and surgical suites designed for assisted reproductive procedures.

NewGenIVF’s service offerings encompass a wide range of assisted reproductive technologies (ART), including in vitro fertilization (IVF), intracytoplasmic sperm injection (ICSI), preimplantation genetic testing (PGT), and fertility preservation through ovarian tissue and gamete cryopreservation.