Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The price of IN8bio Inc (NASDAQ: INAB) closed at $0.23 in the last session, down -0.09% from day before closing price of $0.23. In other words, the price has decreased by -$0.09 from its previous closing price. On the day, 0.62 million shares were traded. INAB stock price reached its highest trading level at $0.2398 during the session, while it also had its lowest trading level at $0.2259.
Ratios:
We take a closer look at INAB’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 4.08 and its Current Ratio is at 4.08. In the meantime, Its Debt-to-Equity ratio is 0.35 whereas as Long-Term Debt/Eq ratio is at 0.23.
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, Laidlaw on March 18, 2024, initiated with a Buy rating and assigned the stock a target price of $7.50.
On August 30, 2022, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $14.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, INAB now has a Market Capitalization of 18908924 and an Enterprise Value of 12818914.
Stock Price History:
The Beta on a monthly basis for INAB is 0.07, which has changed by -0.80583334 over the last 52 weeks, in comparison to a change of 0.086116076 over the same period for the S&P500. Over the past 52 weeks, INAB has reached a high of $1.74, while it has fallen to a 52-week low of $0.21. The 50-Day Moving Average of the stock is -13.60%, while the 200-Day Moving Average is calculated to be -49.60%.
Shares Statistics:
According to the various share statistics, INAB traded on average about 5.57M shares per day over the past 3-months and 1103810 shares per day over the past 10 days. A total of 72.48M shares are outstanding, with a floating share count of 64.72M. Insiders hold about 20.35% of the company’s shares, while institutions hold 30.34% stake in the company. Shares short for INAB as of 1740700800 were 800501 with a Short Ratio of 0.14, compared to 1738281600 on 433213. Therefore, it implies a Short% of Shares Outstanding of 800501 and a Short% of Float of 1.46.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
