Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase your wealth.
The price of ImmunityBio Inc (NASDAQ: IBRX) closed at $2.48 in the last session, up 2.48% from day before closing price of $2.42. In other words, the price has increased by $2.48 from its previous closing price. On the day, 5.56 million shares were traded. IBRX stock price reached its highest trading level at $2.53 during the session, while it also had its lowest trading level at $2.34.
Ratios:
We take a closer look at IBRX’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.64 and its Current Ratio is at 2.68.
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, BTIG Research on January 10, 2025, initiated with a Buy rating and assigned the stock a target price of $6.
On May 12, 2023, Piper Sandler Downgraded its rating to Neutral which previously was Overweight and also lowered its target price recommendation from $10 to $4.
On August 03, 2022, Jefferies started tracking the stock assigning a Buy rating and target price of $8.Jefferies initiated its Buy rating on August 03, 2022, with a $8 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, IBRX now has a Market Capitalization of 1810809216 and an Enterprise Value of 2617492736. For the stock, the TTM Price-to-Sale (P/S) ratio is 247.04. Its current Enterprise Value per Revenue stands at 356.996 whereas that against EBITDA is -7.669.
Stock Price History:
The Beta on a monthly basis for IBRX is 0.80, which has changed by -0.35809016 over the last 52 weeks, in comparison to a change of 0.22263205 over the same period for the S&P500. Over the past 52 weeks, IBRX has reached a high of $10.53, while it has fallen to a 52-week low of $2.38. The 50-Day Moving Average of the stock is -39.15%, while the 200-Day Moving Average is calculated to be -50.76%.
Shares Statistics:
According to the various share statistics, IBRX traded on average about 6.80M shares per day over the past 3-months and 5417790 shares per day over the past 10 days. A total of 696.83M shares are outstanding, with a floating share count of 75.93M. Insiders hold about 89.60% of the company’s shares, while institutions hold 9.44% stake in the company. Shares short for IBRX as of 1734048000 were 44411919 with a Short Ratio of 7.36, compared to 1731628800 on 52052392. Therefore, it implies a Short% of Shares Outstanding of 44411919 and a Short% of Float of 22.780001.
