Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
After finishing at $0.17 in the prior trading day, IN8bio Inc (NASDAQ: INAB) closed at $0.17, down -0.24%. In other words, the price has decreased by -$0.24 from its previous closing price. On the day, 0.79 million shares were traded. INAB stock price reached its highest trading level at $0.175 during the session, while it also had its lowest trading level at $0.1656.
Ratios:
Our goal is to gain a better understanding of INAB by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.08 and its Current Ratio is at 4.08. In the meantime, Its Debt-to-Equity ratio is 0.35 whereas as Long-Term Debt/Eq ratio is at 0.23.
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 13773366 and an Enterprise Value of 7683360.
Stock Price History:
The Beta on a monthly basis for INAB is 0.23, which has changed by -0.82965934 over the last 52 weeks, in comparison to a change of 0.09765589 over the same period for the S&P500. Over the past 52 weeks, INAB has reached a high of $1.74, while it has fallen to a 52-week low of $0.13. The 50-Day Moving Average of the stock is -17.34%, while the 200-Day Moving Average is calculated to be -50.12%.
Shares Statistics:
The stock has traded on average 5.26M shares per day over the past 3-months and 598060 shares per day over the last 10 days, according to various share statistics. A total of 72.48M shares are outstanding, with a floating share count of 64.72M. Insiders hold about 20.35% of the company’s shares, while institutions hold 29.94% stake in the company. Shares short for INAB as of 1744675200 were 478257 with a Short Ratio of 0.09, compared to 1741910400 on 1668181. Therefore, it implies a Short% of Shares Outstanding of 478257 and a Short% of Float of 0.70999996.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
