Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The closing price of ImmunoPrecise Antibodies Ltd (NASDAQ: IPA) was $0.38 for the day, down -4.96% from the previous closing price of $0.41. In other words, the price has decreased by -$4.96 from its previous closing price. On the day, 1.81 million shares were traded. IPA stock price reached its highest trading level at $0.405 during the session, while it also had its lowest trading level at $0.3602.
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 0.85 and its Current Ratio is at 1.01. In the meantime, Its Debt-to-Equity ratio is 0.50 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 17614988 and an Enterprise Value of 25795272. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.00 while its Price-to-Book (P/B) ratio in mrq is 0.50. Its current Enterprise Value per Revenue stands at 1.072 whereas that against EBITDA is -2.12.
Stock Price History:
The Beta on a monthly basis for IPA is 0.32, which has changed by -0.725 over the last 52 weeks, in comparison to a change of 0.09506309 over the same period for the S&P500. Over the past 52 weeks, IPA has reached a high of $1.71, while it has fallen to a 52-week low of $0.27. The 50-Day Moving Average of the stock is -15.51%, while the 200-Day Moving Average is calculated to be -39.34%.
Shares Statistics:
IPA traded an average of 7.86M shares per day over the past three months and 4138970 shares per day over the past ten days. A total of 30.29M shares are outstanding, with a floating share count of 21.62M. Insiders hold about 13.30% of the company’s shares, while institutions hold 7.75% stake in the company. Shares short for IPA as of 1740700800 were 2187459 with a Short Ratio of 0.28, compared to 1738281600 on 359250. Therefore, it implies a Short% of Shares Outstanding of 2187459 and a Short% of Float of 4.81.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
