iBio Inc. [AMEX: IBIO] closed the trading session at $2.15 on 09/16/20. The day’s price range saw the stock hit a low of $1.97, while the highest price level was $2.22. The company report on September 9, 2020 that iBio to Advance COVID-19 LicKM-Subunit Vaccine Candidate, IBIO-201.
– IBIO-201 Produced Anti-Spike Neutralizing Antibodies in Pre-Clinical Studies –.
– iBio Plans to Continue Development of IBIO-200, its Virus-Like Particle Platform – .
The stocks have a year to date performance of 763.45 percent and weekly performance of 7.50 percent. The stock has been moved at 34.38 percent over the last six months. The stock has performed -18.56 percent around the most recent 30 days and changed 37.82 percent over the most recent 3-months.
If compared to the average trading volume of 34.18M shares, IBIO reached to a volume of 20584165 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about iBio Inc. [IBIO]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for IBIO shares is $3.10 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on IBIO stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Alliance Global Partners have made an estimate for iBio Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on June 26, 2020.
The Average True Range (ATR) for iBio Inc. is set at 0.32, with the Price to Sales ratio for IBIO stock in the period of the last 12 months amounting to 295.91. The Price to Book ratio for the last quarter was 43.00, with the Price to Cash per share for the same quarter was set at 0.06.
IBIO stock trade performance evaluation
iBio Inc. [IBIO] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 7.50. With this latest performance, IBIO shares dropped by -18.56% in over the last four-week period, additionally plugging by 34.38% over the last 6 months – not to mention a rise of 244.55% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for IBIO stock in for the last two-week period is set at 37.32, with the RSI for the last a single of trading hit 49.58, and the three-weeks RSI is set at 45.19 for iBio Inc. [IBIO]. The present Moving Average for the last 50 days of trading for this stock 3.11, while it was recorded at 2.04 for the last single week of trading, and 1.49 for the last 200 days.
iBio Inc. [IBIO]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and iBio Inc. [IBIO] shares currently have an operating margin of -773.49. iBio Inc.’s Net Margin is presently recorded at -871.80.
Return on Total Capital for IBIO is now -45.52, given the latest momentum, and Return on Invested Capital for the company is -51.60. Return on Equity for this stock declined to -188.88, with Return on Assets sitting at -47.76. When it comes to the capital structure of this company, iBio Inc. [IBIO] has a Total Debt to Total Equity ratio set at 1,010.31. Additionally, IBIO Total Debt to Total Capital is recorded at 90.99, with Total Debt to Total Assets ending up at 81.36. Long-Term Debt to Equity for the company is recorded at 1,001.66, with the Long-Term Debt to Total Capital now at 90.21.
Reflecting on the efficiency of the workforce at the company, iBio Inc. [IBIO] managed to generate an average of -$2,932,167 per employee. Receivables Turnover for the company is 23.47 with a Total Asset Turnover recorded at a value of 0.05.iBio Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.70 and a Current Ratio set at 1.70.
iBio Inc. [IBIO]: Insider Ownership positions
There are presently around $22 million, or 9.70% of IBIO stock, in the hands of institutional investors. The top three institutional holders of IBIO stocks are: BLACKROCK INC. with ownership of 4,328,238, which is approximately 425.788% of the company’s market cap and around 0.80% of the total institutional ownership; VANGUARD GROUP INC, holding 1,708,991 shares of the stock with an approximate value of $3.67 million in IBIO stocks shares; and GEODE CAPITAL MANAGEMENT, LLC, currently with $1.51 million in IBIO stock with ownership of nearly 116.363% of the company’s market capitalization.
Positions in iBio Inc. stocks held by institutional investors increased at the end of September and at the time of the September reporting period, where 49 institutional holders increased their position in iBio Inc. [AMEX:IBIO] by around 7,603,675 shares. Additionally, 13 investors decreased positions by around 604,929 shares, while 8 investors held positions by with 1,978,257 shares. The mentioned changes placed institutional holdings at 10,186,861 shares, according to the latest SEC report filing. IBIO stock had 35 new institutional investments in for a total of 1,783,692 shares, while 10 institutional investors sold positions of 499,900 shares during the same period.