Infobird (NASDAQ:IFBD) Trading Up 0.6% – Here’s Why

Infobird Co., Ltd. (NASDAQ:IFBD)’s stock price was up 0.6% during mid-day trading on Thursday . The stock traded as high as $0.9758 and last traded at $0.9758. Approximately 8,630 shares were traded during trading, a decline of 95% from the average daily volume of 168,668 shares. The stock had previously closed at $0.9701.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Infobird in a research report on Thursday, January 22nd. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has an average rating of “Sell”.

Infobird Price Performance

The company has a 50-day moving average price of $0.93 and a two-hundred day moving average price of $1.02.

About Infobird

Infobird Co, Ltd. is a cloud-based communications software and services provider listed on the NASDAQ under the ticker IFBD. Headquartered in Shanghai, China, the company specializes in delivering SaaS solutions for customer engagement and contact center management. Leveraging a cloud-native architecture, Infobird’s platform enables enterprises to streamline their customer service operations by integrating voice, SMS, social media messaging and web chat channels into a unified system.

At the core of Infobird’s offerings is its iBird Cloud platform, which combines omnichannel contact center capabilities with AI-powered features such as chatbots, intelligent self-service and analytics.