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After finishing at $3.98 in the prior trading day, ImmunityBio Inc (NASDAQ: IBRX) closed at $4.01, up 0.75%. In other words, the price has increased by $0.75 from its previous closing price. On the day, 2.33 million shares were traded. IBRX stock price reached its highest trading level at $4.09 during the session, while it also had its lowest trading level at $3.885.
Ratios:
Our goal is to gain a better understanding of IBRX by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.88 and its Current Ratio is at 3.91.
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 the company, Piper Sandler on May 12, 2023, Downgraded its rating to Neutral and sets its target price to $4 from $10 previously.
On August 03, 2022, Jefferies started tracking the stock assigning a Buy rating and target price of $8.
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 2793097472 and an Enterprise Value of 3575087104. For the stock, the TTM Price-to-Sale (P/S) ratio is 2132.13. Its current Enterprise Value per Revenue stands at 2733.247 whereas that against EBITDA is -10.482.
Stock Price History:
Over the past 52 weeks, IBRX has reached a high of $10.53, while it has fallen to a 52-week low of $1.25. The 50-Day Moving Average of the stock is -30.37%, while the 200-Day Moving Average is calculated to be -22.79%.
Shares Statistics:
The stock has traded on average 3.39M shares per day over the past 3-months and 3760420 shares per day over the last 10 days, according to various share statistics. A total of 670.87M shares are outstanding, with a floating share count of 155.57M. Insiders hold about 77.65% of the company’s shares, while institutions hold 8.88% stake in the company. Shares short for IBRX as of 1722384000 were 46767532 with a Short Ratio of 13.78, compared to 1719532800 on 49076224. Therefore, it implies a Short% of Shares Outstanding of 46767532 and a Short% of Float of 29.860002.
