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The closing price of IN8bio Inc (NASDAQ: INAB) was $0.28 for the day, up 8.94% from the previous closing price of $0.26. In other words, the price has increased by $8.94 from its previous closing price. On the day, 0.72 million shares were traded. INAB stock price reached its highest trading level at $0.281 during the session, while it also had its lowest trading level at $0.2558.
Ratios:
Our analysis of INAB’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.84 and its Current Ratio is at 1.84. In the meantime, Its Debt-to-Equity ratio is 0.64 whereas as Long-Term Debt/Eq ratio is at 0.44.
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 20309820 and an Enterprise Value of 12051753.
Stock Price History:
Over the past 52 weeks, INAB has reached a high of $1.93, while it has fallen to a 52-week low of $0.22. The 50-Day Moving Average of the stock is -7.44%, while the 200-Day Moving Average is calculated to be -58.45%.
Shares Statistics:
INAB traded an average of 1.26M shares per day over the past three months and 708890 shares per day over the past ten days. A total of 72.48M shares are outstanding, with a floating share count of 57.73M. Insiders hold about 20.35% of the company’s shares, while institutions hold 21.95% stake in the company. Shares short for INAB as of 1730332800 were 1003587 with a Short Ratio of 0.76, compared to 1727654400 on 176510. Therefore, it implies a Short% of Shares Outstanding of 1003587 and a Short% of Float of 1.83.
