Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
ImmunityBio Inc (NASDAQ: IBRX) closed the day trading at $5.43 down -3.21% from the previous closing price of $5.61. In other words, the price has decreased by -$3.21 from its previous closing price. On the day, 2.6 million shares were traded. IBRX stock price reached its highest trading level at $5.625 during the session, while it also had its lowest trading level at $5.32.
Ratios:
For a better understanding of IBRX, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.64 and its Current Ratio is at 3.64.
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 3755214080 and an Enterprise Value of 4481169920. For the stock, the TTM Price-to-Sale (P/S) ratio is 12517.42. Its current Enterprise Value per Revenue stands at 14838.311 whereas that against EBITDA is -13.721.
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 -15.35%, while the 200-Day Moving Average is calculated to be 8.91%.
Shares Statistics:
Over the past 3-months, IBRX traded about 5.36M shares per day on average, while over the past 10 days, IBRX traded about 2270430 shares per day. A total of 670.87M shares are outstanding, with a floating share count of 154.55M. Insiders hold about 77.65% of the company’s shares, while institutions hold 9.70% stake in the company. Shares short for IBRX as of 1721001600 were 48476313 with a Short Ratio of 9.05, compared to 1718323200 on 53442688. Therefore, it implies a Short% of Shares Outstanding of 48476313 and a Short% of Float of 31.0.
