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.
After finishing at $3.80 in the prior trading day, iBio Inc (NASDAQ: IBIO) closed at $3.22, down -15.13%. In other words, the price has decreased by -$15.13 from its previous closing price. On the day, 0.79 million shares were traded. IBIO stock price reached its highest trading level at $3.8 during the session, while it also had its lowest trading level at $3.06.
Ratios:
Our goal is to gain a better understanding of IBIO by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.76 and its Current Ratio is at 1.76. In the meantime, Its Debt-to-Equity ratio is 0.30 whereas as Long-Term Debt/Eq ratio is at 0.22.
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, Chardan Capital Markets on May 28, 2024, initiated with a Buy rating and assigned the stock a target price of $5.
On November 29, 2021, JMP Securities started tracking the stock assigning a Mkt Outperform rating and target price of $1.50.
On January 22, 2021, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $3.Cantor Fitzgerald initiated its Overweight rating on January 22, 2021, with a $3 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 10 ’25 when Duran Felipe bought 9,191 shares for $2.72 per share. The transaction valued at 25,000 led to the insider holds 11,139 shares of the business.
Brenner Martin bought 9,191 shares of IBIO for $25,000 on Jan 10 ’25. The insider now owns 18,316 shares after completing the transaction at $2.72 per share. On Jan 10 ’25, another insider, Banjak Marc, who serves as the Chief Legal Officer of the company, bought 9,191 shares for $2.72 each. As a result, the insider paid 25,000 and bolstered with 11,066 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IBIO now has a Market Capitalization of 31845842 and an Enterprise Value of 29583830. For the stock, the TTM Price-to-Sale (P/S) ratio is 83.82 while its Price-to-Book (P/B) ratio in mrq is 2.13. Its current Enterprise Value per Revenue stands at 78.89 whereas that against EBITDA is -2.011.
Stock Price History:
The Beta on a monthly basis for IBIO is 1.08, which has changed by 0.4292035 over the last 52 weeks, in comparison to a change of -0.024663687 over the same period for the S&P500. Over the past 52 weeks, IBIO has reached a high of $6.89, while it has fallen to a 52-week low of $1.50. The 50-Day Moving Average of the stock is -23.30%, while the 200-Day Moving Average is calculated to be 16.00%.
Shares Statistics:
The stock has traded on average 513.79K shares per day over the past 3-months and 498440 shares per day over the last 10 days, according to various share statistics. A total of 9.87M shares are outstanding, with a floating share count of 9.31M. Insiders hold about 5.67% of the company’s shares, while institutions hold 26.65% stake in the company. Shares short for IBIO as of 1741910400 were 850923 with a Short Ratio of 1.66, compared to 1738281600 on 213769. Therefore, it implies a Short% of Shares Outstanding of 850923 and a Short% of Float of 8.63.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
