The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
As of close of business last night, I-Mab ADR’s stock clocked out at $3.85, down -1.03% from its previous closing price of $3.89. In other words, the price has decreased by -$1.03 from its previous closing price. On the day, 1.0 million shares were traded. IMAB stock price reached its highest trading level at $3.86 during the session, while it also had its lowest trading level at $3.62.
Ratios:
To gain a deeper understanding of IMAB’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 22.35 and its Current Ratio is at 22.35. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.01.
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, Siebert Williams Shank on December 09, 2021, initiated with a Buy rating and assigned the stock a target price of $96.
On March 15, 2021, Needham started tracking the stock assigning a Buy rating and target price of $75.Needham initiated its Buy rating on March 15, 2021, with a $75 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IMAB now has a Market Capitalization of 314392160 and an Enterprise Value of 558164352.
Stock Price History:
The Beta on a monthly basis for IMAB is 1.34, which has changed by 2.6320755 over the last 52 weeks, in comparison to a change of 0.18157876 over the same period for the S&P500. Over the past 52 weeks, IMAB has reached a high of $4.18, while it has fallen to a 52-week low of $0.60. The 50-Day Moving Average of the stock is 59.35%, while the 200-Day Moving Average is calculated to be 191.71%.
Shares Statistics:
It appears that IMAB traded 1.62M shares on average per day over the past three months and 6888040 shares per day over the past ten days. A total of 78.94M shares are outstanding, with a floating share count of 63.26M. Insiders hold about 19.87% of the company’s shares, while institutions hold 13.39% stake in the company. Shares short for IMAB as of 1753920000 were 503385 with a Short Ratio of 0.31, compared to 1751241600 on 740899. Therefore, it implies a Short% of Shares Outstanding of 503385 and a Short% of Float of 0.86.
Earnings Estimates
A detailed examination of I-Mab ADR (IMAB) is currently in progress, with 3 analysts providing valuable insights into its market dynamics.The consensus estimate for the next quarter is -$0.05, with high estimates of -$0.04 and low estimates of -$0.05.
Analysts are recommending an EPS of between -$0.14 and -$0.27 for the fiscal current year, implying an average EPS of -$0.2. EPS for the following year is -$0.31, with 3.0 analysts recommending between -$0.24 and -$0.38.
