Market Recap: ImmunityBio Inc (IBRX)’s Positive Momentum, Closing at 3.01

For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.

The closing price of ImmunityBio Inc (NASDAQ: IBRX) was $3.01 for the day, up 0.67% from the previous closing price of $2.99. In other words, the price has increased by $0.67 from its previous closing price. On the day, 7.23 million shares were traded. IBRX stock price reached its highest trading level at $3.065 during the session, while it also had its lowest trading level at $2.9.

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 2.05 and its Current Ratio is at 2.22.

On March 06, 2025, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $8.

On January 10, 2025, BTIG Research started tracking the stock assigning a Buy rating and target price of $6.BTIG Research initiated its Buy rating on January 10, 2025, with a $6 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 2656686336 and an Enterprise Value of 3418606336. For the stock, the TTM Price-to-Sale (P/S) ratio is 85.10. Its current Enterprise Value per Revenue stands at 109.494 whereas that against EBITDA is -11.526.

Stock Price History:

The Beta on a monthly basis for IBRX is 0.03, which has changed by -0.46345812 over the last 52 weeks, in comparison to a change of 0.16564083 over the same period for the S&P500. Over the past 52 weeks, IBRX has reached a high of $7.48, while it has fallen to a 52-week low of $1.83. The 50-Day Moving Average of the stock is 7.29%, while the 200-Day Moving Average is calculated to be -7.64%.

Shares Statistics:

IBRX traded an average of 9.03M shares per day over the past three months and 6986200 shares per day over the past ten days. A total of 853.39M shares are outstanding, with a floating share count of 91.82M. Insiders hold about 89.60% of the company’s shares, while institutions hold 9.15% stake in the company. Shares short for IBRX as of 1751241600 were 76962373 with a Short Ratio of 8.52, compared to 1748563200 on 72119833. Therefore, it implies a Short% of Shares Outstanding of 76962373 and a Short% of Float of 33.69.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

Leave a Reply

Your email address will not be published. Required fields are marked *

DWinneX
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.