Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
In the latest session, I-Mab ADR (NASDAQ: IMAB) closed at $0.85 down -3.41% from its previous closing price of $0.88. In other words, the price has decreased by -$3.41 from its previous closing price. On the day, 0.39 million shares were traded. IMAB stock price reached its highest trading level at $0.9097 during the session, while it also had its lowest trading level at $0.841.
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 16.50 and its Current Ratio is at 16.50. 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.
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 69275944 and an Enterprise Value of -3116252. For the stock, the TTM Price-to-Sale (P/S) ratio is 59.52 while its Price-to-Book (P/B) ratio in mrq is 0.28. Its current Enterprise Value per Revenue stands at -0.892 whereas that against EBITDA is 0.018.
Stock Price History:
Over the past 52 weeks, IMAB has reached a high of $2.54, while it has fallen to a 52-week low of $0.85. The 50-Day Moving Average of the stock is -18.22%, while the 200-Day Moving Average is calculated to be -39.40%.
Shares Statistics:
For the past three months, IMAB has traded an average of 445.02K shares per day and 642740 over the past ten days. A total of 77.02M shares are outstanding, with a floating share count of 76.81M. Insiders hold about 0.27% of the company’s shares, while institutions hold 18.64% stake in the company. Shares short for IMAB as of 1730332800 were 591163 with a Short Ratio of 1.54, compared to 1727654400 on 533100. Therefore, it implies a Short% of Shares Outstanding of 591163 and a Short% of Float of 2.02.
