Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
The closing price of ImmunoPrecise Antibodies Ltd (NASDAQ: IPA) was $1.09 for the day, up 2.83% from the previous closing price of $1.06. In other words, the price has increased by $2.83 from its previous closing price. On the day, 1.07 million shares were traded. IPA stock price reached its highest trading level at $1.15 during the session, while it also had its lowest trading level at $1.04.
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 2.11 and its Current Ratio is at 2.32. In the meantime, Its Debt-to-Equity ratio is 0.51 whereas as Long-Term Debt/Eq ratio is at 0.45.
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 49883960 and an Enterprise Value of 48524024. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.86 while its Price-to-Book (P/B) ratio in mrq is 2.88. Its current Enterprise Value per Revenue stands at 2.022 whereas that against EBITDA is -3.869.
Stock Price History:
The Beta on a monthly basis for IPA is 0.46, which has changed by 0.09000003 over the last 52 weeks, in comparison to a change of 0.11937654 over the same period for the S&P500. Over the past 52 weeks, IPA has reached a high of $1.16, while it has fallen to a 52-week low of $0.27. The 50-Day Moving Average of the stock is 73.59%, while the 200-Day Moving Average is calculated to be 114.21%.
Shares Statistics:
IPA traded an average of 1.81M shares per day over the past three months and 1455460 shares per day over the past ten days. A total of 45.77M shares are outstanding, with a floating share count of 39.68M. Insiders hold about 13.30% of the company’s shares, while institutions hold 8.65% stake in the company. Shares short for IPA as of 1749772800 were 1390071 with a Short Ratio of 0.77, compared to 1747267200 on 163457. Therefore, it implies a Short% of Shares Outstanding of 1390071 and a Short% of Float of 3.06.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
