For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
The price of ImmunoPrecise Antibodies Ltd (NASDAQ: IPA) closed at $0.54 in the last session, down -2.37% from day before closing price of $0.55. In other words, the price has decreased by -$2.37 from its previous closing price. On the day, 0.64 million shares were traded. IPA stock price reached its highest trading level at $0.58 during the session, while it also had its lowest trading level at $0.48.
Ratios:
We take a closer look at IPA’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.85 and its Current Ratio is at 1.01. In the meantime, Its Debt-to-Equity ratio is 0.50 whereas as Long-Term Debt/Eq ratio is at 0.36.
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, H.C. Wainwright on December 02, 2022, initiated with a Buy rating and assigned the stock a target price of $9.
On October 25, 2021, The Benchmark Company started tracking the stock assigning a Buy rating and target price of $12.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IPA now has a Market Capitalization of 16618331 and an Enterprise Value of 23900370. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.94 while its Price-to-Book (P/B) ratio in mrq is 0.69. Its current Enterprise Value per Revenue stands at 0.992 whereas that against EBITDA is -2.077.
Stock Price History:
Over the past 52 weeks, IPA has reached a high of $2.60, while it has fallen to a 52-week low of $0.32. The 50-Day Moving Average of the stock is 24.00%, while the 200-Day Moving Average is calculated to be -35.35%.
Shares Statistics:
According to the various share statistics, IPA traded on average about 565.20K shares per day over the past 3-months and 431270 shares per day over the past 10 days. A total of 30.29M shares are outstanding, with a floating share count of 19.97M. Insiders hold about 19.92% of the company’s shares, while institutions hold 7.71% stake in the company. Shares short for IPA as of 1731628800 were 688805 with a Short Ratio of 0.27, compared to 1728950400 on 146079. Therefore, it implies a Short% of Shares Outstanding of 688805 and a Short% of Float of 2.41.
