For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The closing price of IN8bio Inc (NASDAQ: INAB) was $0.34 for the day, down -0.21% from the previous closing price of $0.34. In other words, the price has decreased by -$0.21 from its previous closing price. On the day, 0.53 million shares were traded. INAB stock price reached its highest trading level at $0.35 during the session, while it also had its lowest trading level at $0.3114.
Ratios:
Our analysis of INAB’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.84 and its Current Ratio is at 1.84. In the meantime, Its Debt-to-Equity ratio is 0.64 whereas as Long-Term Debt/Eq ratio is at 0.44.
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, Laidlaw on March 18, 2024, initiated with a Buy rating and assigned the stock a target price of $7.50.
On August 30, 2022, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $14.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, INAB now has a Market Capitalization of 24303650 and an Enterprise Value of 12051753.
Stock Price History:
Over the past 52 weeks, INAB has reached a high of $2.48, while it has fallen to a 52-week low of $0.22. The 50-Day Moving Average of the stock is 13.11%, while the 200-Day Moving Average is calculated to be -58.57%.
Shares Statistics:
INAB traded an average of 1.08M shares per day over the past three months and 1354240 shares per day over the past ten days. A total of 43.29M shares are outstanding, with a floating share count of 32.04M. Insiders hold about 31.52% of the company’s shares, while institutions hold 33.90% stake in the company. Shares short for INAB as of 1730332800 were 1003587 with a Short Ratio of 0.93, compared to 1727654400 on 176510. Therefore, it implies a Short% of Shares Outstanding of 1003587 and a Short% of Float of 1.83.
