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The price of ImmunityBio Inc (NASDAQ: IBRX) closed at $4.49 in the last session, down -7.80% from day before closing price of $4.87. In other words, the price has decreased by -$7.80 from its previous closing price. On the day, 5.13 million shares were traded. IBRX stock price reached its highest trading level at $4.94 during the session, while it also had its lowest trading level at $4.43.
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 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 3128770816 and an Enterprise Value of 4018123520. For the stock, the TTM Price-to-Sale (P/S) ratio is 393.54. Its current Enterprise Value per Revenue stands at 548.026 whereas that against EBITDA is -11.773.
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 $3.10. The 50-Day Moving Average of the stock is 8.96%, while the 200-Day Moving Average is calculated to be -14.55%.
Shares Statistics:
According to the various share statistics, IBRX traded on average about 4.94M shares per day over the past 3-months and 5855980 shares per day over the past 10 days. A total of 670.87M shares are outstanding, with a floating share count of 159.58M. Insiders hold about 77.10% of the company’s shares, while institutions hold 9.89% stake in the company. Shares short for IBRX as of 1730332800 were 52749830 with a Short Ratio of 10.67, compared to 1727654400 on 52675658. Therefore, it implies a Short% of Shares Outstanding of 52749830 and a Short% of Float of 32.689997999999996.
