Innovation Beverage Group (NASDAQ:IBG) Shares Down 4.6% – What’s Next?

Innovation Beverage Group Limited (NASDAQ:IBGGet Free Report)’s share price dropped 4.6% on Monday . The stock traded as low as $0.55 and last traded at $0.61. Approximately 812,315 shares traded hands during mid-day trading, an increase of 19% from the average daily volume of 680,196 shares. The stock had previously closed at $0.64.

Innovation Beverage Group Price Performance

The firm’s fifty day moving average price is $0.66 and its two-hundred day moving average price is $0.66.

About Innovation Beverage Group

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Innovation Beverage Group (formerly Australian Boutique Spirits) is an award-winning distillery that produces a variety of brands in-house and imports global brands to sell exclusively to the Australian market through bevmart.com.au. It was recently recognized as the Australian Liqueur Distillery of the year by the Melbourne International Spirits Competition.

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