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As of close of business last night, IN8bio Inc’s stock clocked out at $0.33, down -9.57% from its previous closing price of $0.37. In other words, the price has decreased by -$9.57 from its previous closing price. On the day, 0.56 million shares were traded. INAB stock price reached its highest trading level at $0.36 during the session, while it also had its lowest trading level at $0.31.
Ratios:
To gain a deeper understanding of INAB’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.66 and its Current Ratio is at 2.66. In the meantime, Its Debt-to-Equity ratio is 0.43 whereas as Long-Term Debt/Eq ratio is at 0.30.
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, Laidlaw on March 18, 2024, initiated with a Buy rating and assigned the stock a target price of $7.50.
On August 30, 2022, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $14.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, INAB now has a Market Capitalization of 24208766 and an Enterprise Value of 11293805.
Stock Price History:
Over the past 52 weeks, INAB has reached a high of $2.48, while it has fallen to a 52-week low of $0.22. The 50-Day Moving Average of the stock is 6.58%, while the 200-Day Moving Average is calculated to be -60.43%.
Shares Statistics:
It appears that INAB traded 1.06M shares on average per day over the past three months and 1349030 shares per day over the past ten days. A total of 43.29M shares are outstanding, with a floating share count of 32.04M. Insiders hold about 31.52% of the company’s shares, while institutions hold 33.83% stake in the company. Shares short for INAB as of 1728950400 were 147357 with a Short Ratio of 0.14, compared to 1726185600 on 188850. Therefore, it implies a Short% of Shares Outstanding of 147357 and a Short% of Float of 0.27.
