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The closing price of ImmunoPrecise Antibodies Ltd (NASDAQ: IPA) was $0.40 for the day, down -2.08% from the previous closing price of $0.41. In other words, the price has decreased by -$2.08 from its previous closing price. On the day, 0.24 million shares were traded. IPA stock price reached its highest trading level at $0.41 during the session, while it also had its lowest trading level at $0.3604.
Ratios:
Our analysis of IPA’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.82 and its Current Ratio is at 0.99. In the meantime, Its Debt-to-Equity ratio is 0.49 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 11518504 and an Enterprise Value of 23339266. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.63 while its Price-to-Book (P/B) ratio in mrq is 0.46. Its current Enterprise Value per Revenue stands at 0.969 whereas that against EBITDA is -2.029.
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 -24.01%, while the 200-Day Moving Average is calculated to be -59.92%.
Shares Statistics:
IPA traded an average of 520.96K shares per day over the past three months and 492700 shares per day over the past ten days. A total of 26.94M shares are outstanding, with a floating share count of 21.81M. Insiders hold about 12.52% of the company’s shares, while institutions hold 7.72% stake in the company. Shares short for IPA as of 1731628800 were 688805 with a Short Ratio of 1.32, compared to 1728950400 on 146079. Therefore, it implies a Short% of Shares Outstanding of 688805 and a Short% of Float of 2.41.
