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ImmunityBio Inc (NASDAQ: IBRX) closed the day trading at $6.32 down -3.36% from the previous closing price of $6.54. In other words, the price has decreased by -$3.36 from its previous closing price. On the day, 5.9 million shares were traded. IBRX stock price reached its highest trading level at $6.55 during the session, while it also had its lowest trading level at $6.2.
Ratios:
For a better understanding of IBRX, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.64 and its Current Ratio is at 3.64.
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 the company, Piper Sandler on May 12, 2023, Downgraded its rating to Neutral and sets its target price to $4 from $10 previously.
On August 03, 2022, Jefferies started tracking the stock assigning a Buy rating and target price of $8.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IBRX now has a Market Capitalization of 4370710016 and an Enterprise Value of 5096665600. For the stock, the TTM Price-to-Sale (P/S) ratio is 14569.08. Its current Enterprise Value per Revenue stands at 16876.377 whereas that against EBITDA is -15.606.
Stock Price History:
Over the past 52 weeks, IBRX has reached a high of $10.53, while it has fallen to a 52-week low of $1.25. The 50-Day Moving Average of the stock is -7.55%, while the 200-Day Moving Average is calculated to be 39.50%.
Shares Statistics:
Over the past 3-months, IBRX traded about 7.11M shares per day on average, while over the past 10 days, IBRX traded about 5057860 shares per day. A total of 670.87M shares are outstanding, with a floating share count of 154.55M. Insiders hold about 77.65% of the company’s shares, while institutions hold 9.60% stake in the company. Shares short for IBRX as of 1718323200 were 53442688 with a Short Ratio of 7.52, compared to 1715731200 on 53425524. Therefore, it implies a Short% of Shares Outstanding of 53442688 and a Short% of Float of 34.17.
