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In the latest session, ImmunityBio Inc (NASDAQ: IBRX) closed at $2.67 up 1.91% from its previous closing price of $2.62. In other words, the price has increased by $1.91 from its previous closing price. On the day, 3.68 million shares were traded. IBRX stock price reached its highest trading level at $2.69 during the session, while it also had its lowest trading level at $2.5.
Ratios:
For a deeper understanding of ImmunityBio Inc’s stock, let’s take a closer look at its various ratios. 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 the company, Piper Sandler on May 12, 2023, Downgraded its rating to Neutral and sets its target price to $4 from $10 previously.
On August 03, 2022, Jefferies started tracking the stock assigning a Buy rating and target price of $8.
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 1949540608 and an Enterprise Value of 2715048960. For the stock, the TTM Price-to-Sale (P/S) ratio is 260.99. Its current Enterprise Value per Revenue stands at 370.301 whereas that against EBITDA is -7.955.
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 $2.61. The 50-Day Moving Average of the stock is -39.88%, while the 200-Day Moving Average is calculated to be -48.67%.
Shares Statistics:
For the past three months, IBRX has traded an average of 6.13M shares per day and 9252640 over the past ten days. A total of 696.83M shares are outstanding, with a floating share count of 44.67M. Insiders hold about 93.88% of the company’s shares, while institutions hold 9.44% stake in the company. Shares short for IBRX as of 1732838400 were 49778598 with a Short Ratio of 8.11, compared to 1730332800 on 52749830. Therefore, it implies a Short% of Shares Outstanding of 49778598 and a Short% of Float of 30.8.
