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In the latest session, IN8bio Inc (NASDAQ: INAB) closed at $0.30 down -10.03% from its previous closing price of $0.34. In other words, the price has decreased by -$10.03 from its previous closing price. On the day, 1.07 million shares were traded. INAB stock price reached its highest trading level at $0.34 during the session, while it also had its lowest trading level at $0.301.
Ratios:
For a deeper understanding of IN8bio Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.66 and its Current Ratio is at 2.66. In the meantime, Its Debt-to-Equity ratio is 0.43 whereas as Long-Term Debt/Eq ratio is at 0.30.
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.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Sep 13 ’23 when Graff Jeremy R. bought 2,500 shares for $0.95 per share. The transaction valued at 2,375 led to the insider holds 2,500 shares of the business.
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 14223217 and an Enterprise Value of 9904232.
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 $0.31. The 50-Day Moving Average of the stock is -57.85%, while the 200-Day Moving Average is calculated to be -71.23%.
Shares Statistics:
For the past three months, INAB has traded an average of 431.89K shares per day and 583480 over the past ten days. A total of 43.29M shares are outstanding, with a floating share count of 31.74M. Insiders hold about 32.16% of the company’s shares, while institutions hold 23.44% stake in the company. Shares short for INAB as of 1723680000 were 278198 with a Short Ratio of 0.64, compared to 1721001600 on 457772. Therefore, it implies a Short% of Shares Outstanding of 278198 and a Short% of Float of 0.9599999499999999.
