iBio Inc. [AMEX: IBIO] stock went on a downward path that fall over -3.08% on Wednesday, amounting to a one-week price decrease of less than -7.80%. The company report on October 16, 2020 that Accomplished Financial Executive, Gary Sender, Joins iBio’s Board of Directors.
– Adds More Than 25 Years of Financial Leadership in Pharma/Biotech to the Team – .
– To Chair iBio’s Audit Committee and be Appointed to the Board’s Compensation Committee -.
Over the last 12 months, IBIO stock rose by 228.41%. The one-year iBio Inc. stock forecast points to a potential upside of 39.03. The average equity rating for IBIO stock is currently 2.00, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $345.74 million, with 180.29 million shares outstanding and 178.36 million shares in the current float. Compared to the average trading volume of 23.91M shares, IBIO stock reached a trading volume of 4674748 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on 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 0.14, with the Price to Sales ratio for IBIO stock in the period of the last 12 months amounting to 216.09. The Price to Book ratio for the last quarter was 3.71, with the Price to Cash per share for the same quarter was set at 0.30.
IBIO Stock Performance Analysis:
iBio Inc. [IBIO] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -7.80. With this latest performance, IBIO shares dropped by -16.74% in over the last four-week period, additionally plugging by 101.32% over the last 6 months – not to mention a rise of 228.41% 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 39.60, with the RSI for the last a single of trading hit 35.29, and the three-weeks RSI is set at 42.23 for iBio Inc. [IBIO]. The present Moving Average for the last 50 days of trading for this stock 2.1268, while it was recorded at 1.9900 for the last single week of trading, and 1.7264 for the last 200 days.
Insight into iBio Inc. Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and iBio Inc. [IBIO] shares currently have an operating margin of -854.88. iBio Inc.’s Net Margin is presently recorded at -1003.60.
Return on Total Capital for IBIO is now -23.97, given the latest momentum, and Return on Invested Capital for the company is -28.32. Return on Equity for this stock declined to -55.65, with Return on Assets sitting at -26.35. When it comes to the capital structure of this company, iBio Inc. [IBIO] has a Total Debt to Total Equity ratio set at 58.12. Additionally, IBIO Total Debt to Total Capital is recorded at 36.76, with Total Debt to Total Assets ending up at 34.94. Long-Term Debt to Equity for the company is recorded at 57.13, with the Long-Term Debt to Total Capital now at 36.13.
Reflecting on the efficiency of the workforce at the company, iBio Inc. [IBIO] managed to generate an average of -$4,109,750 per employee. Receivables Turnover for the company is 0.57 with a Total Asset Turnover recorded at a value of 0.03.iBio Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 11.60 and a Current Ratio set at 11.80.
iBio Inc. [IBIO] Insider Position Details
There are presently around $19 million, or 9.40% 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 0.10% of the total institutional ownership; VANGUARD GROUP INC, holding 1,708,991 shares of the stock with an approximate value of $3.23 million in IBIO stocks shares; and GEODE CAPITAL MANAGEMENT, LLC, currently with $1.33 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 October and at the time of the October reporting period, where 47 institutional holders increased their position in iBio Inc. [AMEX:IBIO] by around 7,561,165 shares. Additionally, 16 investors decreased positions by around 657,539 shares, while 9 investors held positions by with 1,925,847 shares. The mentioned changes placed institutional holdings at 10,144,551 shares, according to the latest SEC report filing. IBIO stock had 33 new institutional investments in for a total of 1,741,182 shares, while 13 institutional investors sold positions of 552,510 shares during the same period.