In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
As of close of business last night, ImmunoPrecise Antibodies Ltd’s stock clocked out at $1.76, up 7.98% from its previous closing price of $1.63. In other words, the price has increased by $7.98 from its previous closing price. On the day, 2.59 million shares were traded. IPA stock price reached its highest trading level at $1.7889 during the session, while it also had its lowest trading level at $1.54.
Ratios:
To gain a deeper understanding of IPA’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.11 and its Current Ratio is at 2.32. In the meantime, Its Debt-to-Equity ratio is 0.51 whereas as Long-Term Debt/Eq ratio is at 0.45.
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, H.C. Wainwright on December 02, 2022, initiated with a Buy rating and assigned the stock a target price of $9.
On October 25, 2021, The Benchmark Company started tracking the stock assigning a Buy rating and target price of $12.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IPA now has a Market Capitalization of 80546576 and an Enterprise Value of 48524024. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.62 while its Price-to-Book (P/B) ratio in mrq is 4.64. Its current Enterprise Value per Revenue stands at 2.022 whereas that against EBITDA is -3.869.
Stock Price History:
The Beta on a monthly basis for IPA is 0.47, which has changed by 0.79591835 over the last 52 weeks, in comparison to a change of 0.10500872 over the same period for the S&P500. Over the past 52 weeks, IPA has reached a high of $1.68, while it has fallen to a 52-week low of $0.27. The 50-Day Moving Average of the stock is 148.54%, while the 200-Day Moving Average is calculated to be 234.92%.
Shares Statistics:
It appears that IPA traded 1.97M shares on average per day over the past three months and 1700930 shares per day over the past ten days. A total of 45.77M shares are outstanding, with a floating share count of 39.68M. Insiders hold about 13.30% of the company’s shares, while institutions hold 8.65% stake in the company. Shares short for IPA as of 1749772800 were 1390071 with a Short Ratio of 0.70, compared to 1747267200 on 163457. Therefore, it implies a Short% of Shares Outstanding of 1390071 and a Short% of Float of 3.06.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
