Stock Price Prediction

IBO stock is currently oversold with an RSI of 29.7, suggesting a potential rebound opportunity. The stock's 52-week range is $49.57 to $76.91, and it last traded at $63.77, indicating room for upside if market sentiment improves. Bulls may target $70 as a near-term resistance level based on historical price trends and technical recovery signals.

IBO stock is currently trading around $3.40, and bears argue that its valuation is stretched at 5.3x trailing sales, compared to peers averaging 3.5x. Despite recent government contracts, its slow organic growth and high debt-to-equity ratio (2.6) raise sustainability concerns. Additionally, insider selling and limited profitability prospects further support a bearish outlook.