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

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

NewGenIvf Group Stock Down 4.6%

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

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on NIVF shares. Wall Street Zen raised shares of NewGenIvf Group to a “hold” rating in a research note on Saturday, December 6th. Weiss Ratings reiterated a “sell (d)” rating on shares of NewGenIvf Group in a report on Friday, October 31st. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has a consensus 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.