In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
ImmunoPrecise Antibodies Ltd (NASDAQ: IPA) closed the day trading at $0.36 down -9.04% from the previous closing price of $0.40. In other words, the price has decreased by -$9.04 from its previous closing price. On the day, 0.65 million shares were traded. IPA stock price reached its highest trading level at $0.381 during the session, while it also had its lowest trading level at $0.3521.
Ratios:
For a better understanding of IPA, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.85 and its Current Ratio is at 1.01. In the meantime, Its Debt-to-Equity ratio is 0.50 whereas as Long-Term Debt/Eq ratio is at 0.36.
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 December 02, 2022, initiated with a Buy rating and assigned the stock a target price of $9.
On October 25, 2021, The Benchmark Company started tracking the stock assigning a Buy rating and target price of $12.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IPA now has a Market Capitalization of 16626461 and an Enterprise Value of 26281480. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.94 while its Price-to-Book (P/B) ratio in mrq is 0.47. Its current Enterprise Value per Revenue stands at 1.092 whereas that against EBITDA is -2.16.
Stock Price History:
The Beta on a monthly basis for IPA is 0.34, which has changed by -0.7716981 over the last 52 weeks, in comparison to a change of 0.087141395 over the same period for the S&P500. Over the past 52 weeks, IPA has reached a high of $1.71, while it has fallen to a 52-week low of $0.27. The 50-Day Moving Average of the stock is -20.35%, while the 200-Day Moving Average is calculated to be -43.38%.
Shares Statistics:
Over the past 3-months, IPA traded about 7.30M shares per day on average, while over the past 10 days, IPA traded about 847710 shares per day. A total of 30.29M shares are outstanding, with a floating share count of 21.62M. Insiders hold about 13.30% of the company’s shares, while institutions hold 7.75% stake in the company. Shares short for IPA as of 1740700800 were 2187459 with a Short Ratio of 0.30, compared to 1738281600 on 359250. Therefore, it implies a Short% of Shares Outstanding of 2187459 and a Short% of Float of 4.81.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
