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The closing price of ImmunityBio Inc (NASDAQ: IBRX) was $3.17 for the day, up 1.60% from the previous closing price of $3.12. In other words, the price has increased by $1.60 from its previous closing price. On the day, 5.09 million shares were traded. IBRX stock price reached its highest trading level at $3.25 during the session, while it also had its lowest trading level at $2.95.
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 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 2314622976 and an Enterprise Value of 3098306304. For the stock, the TTM Price-to-Sale (P/S) ratio is 315.77. Its current Enterprise Value per Revenue stands at 422.573 whereas that against EBITDA is -9.078.
Stock Price History:
The Beta on a monthly basis for IBRX is 0.82, which has changed by -0.13150686 over the last 52 weeks, in comparison to a change of 0.23809385 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 $2.28. The 50-Day Moving Average of the stock is -13.93%, while the 200-Day Moving Average is calculated to be -35.71%.
Shares Statistics:
IBRX traded an average of 7.63M shares per day over the past three months and 7643270 shares per day over the past ten 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 1735603200 were 50005639 with a Short Ratio of 6.55, compared to 1732838400 on 49778598. Therefore, it implies a Short% of Shares Outstanding of 50005639 and a Short% of Float of 25.650000000000002.
