Innovation Beverage Group (IBG) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $1.00 to $1.27
• 50-Day Range: $0.62 to $1.31
• 52-Week Range: $0.60 to $3.35
• Volume: 637,639 shs
• Average Volume: 959,985 shs
• Market Capitalization: $8.59 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: Buy

IBG Stock Analysis - Frequently Asked Questions

How have IBG shares performed this year?

Innovation Beverage Group's stock was trading at $2.5289 at the beginning of 2024. Since then, IBG shares have decreased by 59.3% and is now trading at $1.03.
View the best growth stocks for 2024 here.

When did Innovation Beverage Group IPO?

Innovation Beverage Group (IBG) raised $6 million in an IPO on Thursday, September 26th 2024. The company issued 1,400,000 shares at $4.00 per share. The Benchmark Company served as the underwriter for the IPO.

When did Innovation Beverage Group's quiet period expire?

Innovation Beverage Group's quiet period expired on Tuesday, November 5th. Innovation Beverage Group had issued 1,350,000 shares in its public offering on September 26th. The total size of the offering was $5,400,000 based on an initial share price of $4.00. During Innovation Beverage Group's quiet period, insiders and any underwriters involved in the IPO were restricted from issuing any research reports or earnings estimates for the company because of regulations issued by the Securities and Exchange Commission. Now that the company's quiet period has ended, brokerages that served as underwriters are now able to initiate research on the company.

How do I buy shares of Innovation Beverage Group?

Shares of IBG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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What other stocks do shareholders of Innovation Beverage Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Innovation Beverage Group investors own include Credo Technology Group (CRDO), Semler Scientific (SMLR), Arch Capital Group (ACGL), Adobe (ADBE), Analog Devices (ADI), Alnylam Pharmaceuticals (ALNY) and Amgen (AMGN).

Company Calendar

• Today: 12/18/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Staples
• Industry: Beverages
• Sub-Industry: N/A
• Current Symbol: NASDAQ:IBG
• CUSIP: N/A
• CIK: 1924482
• Web: www.innovationbev.com
• Phone: 61-2-9620-4574
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $3.15 million
• Price / Sales: 2.73
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 8,341,000
• Free Float: N/A
• Market Cap: $8.59 million
• Optionable: N/A
• Beta: N/A