Market Highlights: I-Mab ADR (IMAB) Ends on a Low Note at 4.35

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The price of I-Mab ADR (NASDAQ: IMAB) closed at $4.35 in the last session, down -6.45% from day before closing price of $4.65. In other words, the price has decreased by -$6.45 from its previous closing price. On the day, 1.31 million shares were traded. IMAB stock price reached its highest trading level at $4.53 during the session, while it also had its lowest trading level at $4.17.

Ratios:

We take a closer look at IMAB’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 22.82 and its Current Ratio is at 22.82. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.01.

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, Siebert Williams Shank on December 09, 2021, initiated with a Buy rating and assigned the stock a target price of $96.

On March 15, 2021, Needham started tracking the stock assigning a Buy rating and target price of $75.Needham initiated its Buy rating on March 15, 2021, with a $75 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, IMAB now has a Market Capitalization of 355222304 and an Enterprise Value of 656137600.

Stock Price History:

The Beta on a monthly basis for IMAB is 1.46, which has changed by 3.223301 over the last 52 weeks, in comparison to a change of 0.20221436 over the same period for the S&P500. Over the past 52 weeks, IMAB has reached a high of $5.90, while it has fallen to a 52-week low of $0.60. The 50-Day Moving Average of the stock is 37.97%, while the 200-Day Moving Average is calculated to be 171.81%.

Shares Statistics:

According to the various share statistics, IMAB traded on average about 2.04M shares per day over the past 3-months and 1679110 shares per day over the past 10 days. A total of 79.19M shares are outstanding, with a floating share count of 63.46M. Insiders hold about 19.87% of the company’s shares, while institutions hold 12.32% stake in the company. Shares short for IMAB as of 1755216000 were 1711348 with a Short Ratio of 0.84, compared to 1752537600 on 597268. Therefore, it implies a Short% of Shares Outstanding of 1711348 and a Short% of Float of 2.93.

Earnings Estimates

The current rating of I-Mab ADR (IMAB) reflects the combined expertise of 3 analysts actively engaged in assessing its market performance.The consensus estimate for the next quarter is -$0.05, with high estimates of -$0.03 and low estimates of -$0.08.

Analysts are recommending an EPS of between -$0.1 and -$0.61 for the fiscal current year, implying an average EPS of -$0.34. EPS for the following year is -$0.39, with 3.0 analysts recommending between -$0.27 and -$0.49.

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