Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
In the latest session, I-Mab ADR (NASDAQ: IMAB) closed at $0.62 down -8.82% from its previous closing price of $0.68. In other words, the price has decreased by -$8.82 from its previous closing price. On the day, 0.75 million shares were traded. IMAB stock price reached its highest trading level at $0.7895 during the session, while it also had its lowest trading level at $0.61.
Ratios:
For a deeper understanding of I-Mab ADR’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 20.90 and its Current Ratio is at 20.90. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.02.
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.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jul 26 ’24 when KANNAN RAJ bought 50,000 shares for $1.39 per share.
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 50530684 and an Enterprise Value of -42044720.
Stock Price History:
The Beta on a monthly basis for IMAB is 1.18, which has changed by -0.65555555 over the last 52 weeks, in comparison to a change of -0.028342128 over the same period for the S&P500. Over the past 52 weeks, IMAB has reached a high of $2.00, while it has fallen to a 52-week low of $0.60. The 50-Day Moving Average of the stock is -30.89%, while the 200-Day Moving Average is calculated to be -44.59%.
Shares Statistics:
For the past three months, IMAB has traded an average of 318.59K shares per day and 234210 over the past ten days. A total of 78.62M shares are outstanding, with a floating share count of 78.41M. Insiders hold about 0.27% of the company’s shares, while institutions hold 15.34% stake in the company. Shares short for IMAB as of 1741910400 were 938390 with a Short Ratio of 2.95, compared to 1739491200 on 935945. Therefore, it implies a Short% of Shares Outstanding of 938390 and a Short% of Float of 2.8199999.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
