iBio Inc. (AMEX:IBIO) went down by -2.93% from its latest closing price compared to the recent 1-year high of $7.45. The company’s stock price has collected -14.96% of loss in the last five trading sessions. MarketWatch.com reported on 02/19/21 that iBio Inc. stock underperforms Friday when compared to competitors
Is It Worth Investing in iBio Inc. (AMEX :IBIO) Right Now?
Plus, the 36-month beta value for IBIO is at -5.99. Opinions of the stock are interesting as 2 analysts out of 2 who provided ratings for iBio Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
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The average price from analysts is $2.50, which is $0.51 above the current price. IBIO currently public float of 215.41M and currently shorts hold a 6.01% ratio of that float. Today, the average trading volume of IBIO was 17.88M shares.
IBIO’s Market Performance
IBIO stocks went down by -14.96% for the week, with a monthly jump of 37.24% and a quarterly performance of 16.37%, while its annual performance rate touched 476.81%. The volatility ratio for the week stands at 10.63% while the volatility levels for the past 30 days are set at 12.55% for iBio Inc.. The simple moving average for the period of the last 20 days is -2.16% for IBIO stocks with a simple moving average of -2.20% for the last 200 days.
Analysts’ Opinion of IBIO
Many brokerage firms have already submitted their reports for IBIO stocks, with Cantor Fitzgerald repeating the rating for IBIO by listing it as a “Overweight.” The predicted price for IBIO in the upcoming period, according to Cantor Fitzgerald is $3 based on the research report published on January 22nd of the current year 2021.
Alliance Global Partners, on the other hand, stated in their research note that they expect to see IBIO reach a price target of $2.55. The rating they have provided for IBIO stocks is “Buy” according to the report published on June 26th, 2020.
IBIO Trading at 27.34% from the 50-Day Moving Average
After a stumble in the market that brought IBIO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -73.29% of loss for the given period.
Volatility was left at 12.55%, however, over the last 30 days, the volatility rate increased by 10.63%, as shares surge +36.30% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +32.67% upper at present.
During the last 5 trading sessions, IBIO fell by -14.96%, which changed the moving average for the period of 200-days by +89.52% in comparison to the 20-day moving average, which settled at $2.0605. In addition, iBio Inc. saw 89.52% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at IBIO starting from Eastern Capital LTD, who sale 15,864,436 shares at the price of $2.92 back on Aug 11. After this action, Eastern Capital LTD now owns 8,629,693 shares of iBio Inc., valued at $46,330,499 using the latest closing price.
Eastern Capital LTD, the 10% Owner of iBio Inc., sale 7,264,864 shares at $3.91 during a trade that took place back on Aug 10, which means that Eastern Capital LTD is holding 24,494,129 shares at $28,429,592 based on the most recent closing price.
Stock Fundamentals for IBIO
Current profitability levels for the company are sitting at:
- -854.88 for the present operating margin
The net margin for iBio Inc. stands at -1003.60. The total capital return value is set at -23.97, while invested capital returns managed to touch -28.32. Equity return is now at value -38.90, with -24.20 for asset returns.
Based on iBio Inc. (IBIO), the company’s capital structure generated 58.12 points at debt to equity in total, while total debt to capital is 36.76. Total debt to assets is 34.94, with long-term debt to equity ratio resting at 57.13. Finally, the long-term debt to capital ratio is 36.13.
When we switch over and look at the enterprise to sales, we see a ratio of 71.54, with the company’s debt to enterprise value settled at 0.28. The receivables turnover for the company is 0.57 and the total asset turnover is 0.03. The liquidity ratio also appears to be rather interesting for investors as it stands at 11.79.