ImmunityBio Inc’s Market Journey: Closing Weak at 2.61, Down -2.97

Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.

The closing price of ImmunityBio Inc (NASDAQ: IBRX) was $2.61 for the day, down -2.97% from the previous closing price of $2.69. In other words, the price has decreased by -$2.97 from its previous closing price. On the day, 3.27 million shares were traded.

Ratios:

Our analysis of IBRX’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 3.21 and its Current Ratio is at 3.36.

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 March 06, 2025, initiated with a Buy rating and assigned the stock a target price of $8.

On January 10, 2025, BTIG Research started tracking the stock assigning a Buy rating and target price of $6.

Piper Sandler Downgraded its Overweight to Neutral on May 12, 2023, whereas the target price for the stock was revised from $10 to $4.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 156.26.

Stock Price History:

Over the past 52 weeks, IBRX has reached a high of $10.53, while it has fallen to a 52-week low of $2.28. The 50-Day Moving Average of the stock is -10.74%, while the 200-Day Moving Average is calculated to be -30.85%.

Shares Statistics:

A total of 852.74M shares are outstanding, with a floating share count of 91.80M. Insiders hold about 89.60% of the company’s shares, while institutions hold 9.60% stake in the company.

Most Popular