INLIF (NASDAQ:INLF) Shares Set to Reverse Split on Monday, April 6th

INLIF Limited (NASDAQ:INLF) shares are going to reverse split on the morning of Monday, April 6th. The 1-16 reverse split was announced on Tuesday, March 31st. The number of shares owned by shareholders will be adjusted after the closing bell on Friday, April 3rd.

INLIF Price Performance

Shares of INLIF stock opened at $0.28 on Thursday. The company’s 50-day moving average price is $0.41 and its 200-day moving average price is $0.56. INLIF has a 12-month low of $0.27 and a 12-month high of $1.75.

INLIF (NASDAQ:INLF) last released its quarterly earnings data on Friday, March 6th. The company reported ($0.10) EPS for the quarter. The firm had revenue of $4.07 million for the quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of INLIF in a research report on Friday, January 9th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has an average rating of “Sell”.

INLIF Company Profile

INLIF Ltd. is a holding company, which engages in the development of injection molding machine-dedicated manipulator arms. Its products include: Three-axis robot, Five-axis robot and bull head type manipulator. The company was founded on January 4, 2023 and is headquartered in Quanzhou, China.