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IN8bio Inc (NASDAQ: INAB) closed the day trading at $0.26 down -4.78% from the previous closing price of $0.27. In other words, the price has decreased by -$4.78 from its previous closing price. On the day, 0.57 million shares were traded. INAB stock price reached its highest trading level at $0.27 during the session, while it also had its lowest trading level at $0.2364.
Ratios:
For a better understanding of INAB, let’s look at its different 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.
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 12028911 and an Enterprise Value of 7709924.
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 $0.26. The 50-Day Moving Average of the stock is -52.25%, while the 200-Day Moving Average is calculated to be -74.39%.
Shares Statistics:
Over the past 3-months, INAB traded about 238.30K shares per day on average, while over the past 10 days, INAB traded about 256290 shares per day. A total of 43.29M shares are outstanding, with a floating share count of 32.59M. Insiders hold about 30.33% of the company’s shares, while institutions hold 22.47% stake in the company. Shares short for INAB as of 1726185600 were 188850 with a Short Ratio of 0.79, compared to 1723680000 on 278198. Therefore, it implies a Short% of Shares Outstanding of 188850 and a Short% of Float of 0.64999997.
