Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
As of close of business last night, I-Mab ADR’s stock clocked out at $1.79, down -4.28% from its previous closing price of $1.87. In other words, the price has decreased by -$4.28 from its previous closing price. On the day, 1.35 million shares were traded.
Ratios:
To gain a deeper understanding of IMAB’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 22.35 and its Current Ratio is at 22.35. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.01.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Siebert Williams Shank on December 09, 2021, initiated with a Buy rating and assigned the stock a target price of $96.
On March 15, 2021, Needham started tracking the stock assigning a Buy rating and target price of $75.Needham initiated its Buy rating on March 15, 2021, with a $75 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jul 26 ’24 when KANNAN RAJ bought 50,000 shares for $1.39 per share.
Stock Price History:
Over the past 52 weeks, IMAB has reached a high of $2.00, while it has fallen to a 52-week low of $0.60. The 50-Day Moving Average of the stock is 93.97%, while the 200-Day Moving Average is calculated to be 74.63%.
Shares Statistics:
A total of 78.94M shares are outstanding, with a floating share count of 78.72M. Insiders hold about 0.27% of the company’s shares, while institutions hold 11.85% stake in the company.
