Inno Holdings Inc. (NASDAQ:INHD – Get Free Report)’s stock price was up 18.5% during mid-day trading on Tuesday . The company traded as high as $1.44 and last traded at $1.41. Approximately 755,092 shares were traded during mid-day trading, an increase of 185% from the average daily volume of 265,172 shares. The stock had previously closed at $1.19.
Wall Street Analyst Weigh In
Separately, Wall Street Zen raised shares of Inno to a “sell” rating in a research note on Friday, June 6th.
Inno Trading Up 18.5%
Inno (NASDAQ:INHD – Get Free Report) last posted its quarterly earnings data on Friday, May 2nd. The company reported ($0.31) EPS for the quarter. The company had revenue of $0.48 million for the quarter. Inno had a negative net margin of 399.87% and a negative return on equity of 78.75%.
Inno Company Profile
Inno Holdings Inc manufactures and sells cold-formed-steel members, castor cubes, mobile factories, and prefabricated homes in the United States. The company provides cold-formed steel framing and a mobile factory for off-site equipment rental, sales, service, and support. It serves in residential, commercial, industrial, and infrastructure projects.
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