Ratios Uncovered: Breaking Down Iovance Biotherapeutics Inc (IOVA)’s Trailing Twelve Months Metrics

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The price of Iovance Biotherapeutics Inc (NASDAQ: IOVA) closed at $8.14 in the last session, down -2.16% from day before closing price of $8.32. In other words, the price has decreased by -$2.16 from its previous closing price. On the day, 7.32 million shares were traded. IOVA stock price reached its highest trading level at $8.28 during the session, while it also had its lowest trading level at $7.98.

Ratios:

We take a closer look at IOVA’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 4.42 and its Current Ratio is at 4.63. In the meantime, Its Debt-to-Equity ratio is 0.12 whereas as Long-Term Debt/Eq ratio is at 0.11.

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, Goldman on November 20, 2023, initiated with a Buy rating and assigned the stock a target price of $12.

On September 18, 2023, Barclays reiterated its Overweight rating and also upped its target price recommendation from $40 to $18.

Wells Fargo Upgraded its Equal Weight to Overweight on May 30, 2023, whereas the target price for the stock was revised from $11 to $17.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Feb 20 ’24 when Rothbaum Wayne P. bought 5,000,000 shares for $9.15 per share. The transaction valued at 45,750,000 led to the insider holds 28,067,333 shares of the business.

MCPEAK MERRILL A bought 250,000 shares of IOVA for $2,287,500 on Feb 20 ’24. The Director now owns 320,150 shares after completing the transaction at $9.15 per share. On Feb 20 ’24, another insider, Dukes Iain D., who serves as the Director of the company, bought 32,000 shares for $9.15 each. As a result, the insider paid 292,800 and bolstered with 54,000 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IOVA now has a Market Capitalization of 2328210944 and an Enterprise Value of 2006015360. For the stock, the TTM Price-to-Sale (P/S) ratio is 1198.85 while its Price-to-Book (P/B) ratio in mrq is 3.35. Its current Enterprise Value per Revenue stands at 1053.579 whereas that against EBITDA is -4.448.

Stock Price History:

Over the past 52 weeks, IOVA has reached a high of $18.33, while it has fallen to a 52-week low of $3.21. The 50-Day Moving Average of the stock is -30.73%, while the 200-Day Moving Average is calculated to be -6.77%.

Shares Statistics:

According to the various share statistics, IOVA traded on average about 5.89M shares per day over the past 3-months and 7245920 shares per day over the past 10 days. A total of 256.14M shares are outstanding, with a floating share count of 223.62M. Insiders hold about 20.09% of the company’s shares, while institutions hold 68.64% stake in the company. Shares short for IOVA as of 1715731200 were 51214599 with a Short Ratio of 8.70, compared to 1713139200 on 48976035. Therefore, it implies a Short% of Shares Outstanding of 51214599 and a Short% of Float of 20.419999999999998.

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