Inno (NASDAQ:INHD) Shares Set to Reverse Split on Thursday, October 10th

Inno Holdings Inc. (NASDAQ:INHD) shares are scheduled to reverse split on Thursday, October 10th. The 1-10 reverse split was announced on Tuesday, October 8th. The number of shares owned by shareholders will be adjusted after the closing bell on Wednesday, October 9th.

Inno Trading Up 1.8 %

Shares of NASDAQ:INHD traded up $0.01 on Tuesday, hitting $0.56. The company’s stock had a trading volume of 589,040 shares, compared to its average volume of 178,169. The company has a current ratio of 1.99, a quick ratio of 1.73 and a debt-to-equity ratio of 0.02. Inno has a 12 month low of $0.35 and a 12 month high of $19.21. The stock’s 50-day moving average is $0.53 and its two-hundred day moving average is $0.61.

Inno (NASDAQ:INHD) last announced its earnings results on Monday, August 12th. The company reported ($0.05) earnings per share (EPS) for the quarter. The company had revenue of $0.05 million for the quarter.

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.