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The closing price of ImmunityBio Inc (NASDAQ: IBRX) was $6.24 for the day, up 2.30% from the previous closing price of $6.10. In other words, the price has increased by $2.30 from its previous closing price. On the day, 3.09 million shares were traded. IBRX stock price reached its highest trading level at $6.265 during the session, while it also had its lowest trading level at $5.93.
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 3.64 and its Current Ratio is at 3.64.
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 4315384320 and an Enterprise Value of 5041339904. For the stock, the TTM Price-to-Sale (P/S) ratio is 14384.66. Its current Enterprise Value per Revenue stands at 16693.18 whereas that against EBITDA is -15.436.
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 $1.25. The 50-Day Moving Average of the stock is -5.75%, while the 200-Day Moving Average is calculated to be 48.08%.
Shares Statistics:
IBRX traded an average of 7.04M shares per day over the past three months and 3153240 shares per day over the past ten days. A total of 670.87M shares are outstanding, with a floating share count of 140.51M. Insiders hold about 79.68% of the company’s shares, while institutions hold 9.60% stake in the company. Shares short for IBRX as of 1715731200 were 53425524 with a Short Ratio of 7.59, compared to 1713139200 on 54838405. Therefore, it implies a Short% of Shares Outstanding of 53425524 and a Short% of Float of 34.160000000000004.
