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The price of IO Biotech Inc (NASDAQ: IOBT) closed at $1.50 in the last session, down -2.60% from day before closing price of $1.54. In other words, the price has decreased by -$2.60 from its previous closing price. On the day, 0.95 million shares were traded. IOBT stock price reached its highest trading level at $1.557 during the session, while it also had its lowest trading level at $1.476.
Ratios:
We take a closer look at IOBT’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 7.84 and its Current Ratio is at 7.84. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.02.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jul 25 ’24 when Novo Holdings A/S sold 51,522 shares for $1.33 per share. The transaction valued at 68,339 led to the insider holds 4,377,927 shares of the business.
Novo Holdings A/S sold 23,478 shares of IOBT for $30,787 on Jul 26 ’24. The 10% Owner now owns 4,354,449 shares after completing the transaction at $1.31 per share. On May 10 ’24, another insider, Novo Holdings A/S, who serves as the 10% Owner of the company, sold 658,809 shares for $1.22 each. As a result, the insider received 802,495 and left with 4,429,449 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IOBT now has a Market Capitalization of 98821352 and an Enterprise Value of 224371.
Stock Price History:
Over the past 52 weeks, IOBT has reached a high of $2.10, while it has fallen to a 52-week low of $0.82. The 50-Day Moving Average of the stock is 10.57%, while the 200-Day Moving Average is calculated to be 1.28%.
Shares Statistics:
According to the various share statistics, IOBT traded on average about 141.58K shares per day over the past 3-months and 228280 shares per day over the past 10 days. A total of 65.88M shares are outstanding, with a floating share count of 43.87M. Insiders hold about 33.41% of the company’s shares, while institutions hold 45.10% stake in the company. Shares short for IOBT as of 1723680000 were 75487 with a Short Ratio of 0.53, compared to 1721001600 on 93664. Therefore, it implies a Short% of Shares Outstanding of 75487 and a Short% of Float of 0.31.
