INNEOVA (NASDAQ:INEO) Issues Quarterly Earnings Results

INNEOVA (NASDAQ:INEOGet Free Report) posted its quarterly earnings results on Friday. The company reported ($0.02) earnings per share (EPS) for the quarter, FiscalAI reports.

INNEOVA Trading Up 0.0%

Shares of NASDAQ INEO traded up $0.00 during midday trading on Friday, reaching $0.63. 59,991 shares of the stock were exchanged, compared to its average volume of 163,222. The business has a 50-day simple moving average of $0.55 and a two-hundred day simple moving average of $0.61. INNEOVA has a 12 month low of $0.44 and a 12 month high of $2.10.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of INNEOVA in a report on Friday, April 10th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, INNEOVA currently has a consensus rating of “Sell”.

Check Out Our Latest Research Report on INEO

INNEOVA Company Profile

(Get Free Report)

We are a Singapore-based provider of high-quality Original Equipment Manufacturer (“OEM”), third party branded and in-house branded replacement parts for motor vehicles and for non-vehicle combustion engines serving a number of industries. We distribute spare parts through operations primarily based in Singapore and global sales primarily generated from the Middle East and Asia. Through our On-Highway Business, we supply a wide range of genuine OEM and aftermarket parts for use in passenger and commercial vehicles bearing either the manufacturer’s brands or our in-house brands through SP Zone.

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