I-Mab ADR [NASDAQ: IMAB] stock went on a downward path that fall over -6.11% on Thursday, amounting to a one-week price increase of more than 6.44%.
Over the last 12 months, IMAB stock rose by 152.94%. The one-year I-Mab ADR stock forecast points to a potential upside of 64.17. The average equity rating for IMAB stock is currently 1.00, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $169.72 million, with 78.94 million shares outstanding and 78.72 million shares in the current float. Compared to the average trading volume of 554.94K shares, IMAB stock reached a trading volume of 358561 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on I-Mab ADR [IMAB]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for IMAB shares is $6.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on IMAB stock is a recommendation set at 1.00. 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.
Siebert Williams Shank have made an estimate for I-Mab ADR shares, keeping their opinion on the stock as Buy, with their previous recommendation back on December 09, 2021. While these analysts kept the previous recommendation, Daiwa Securities raised their target price to Buy. The new note on the price target was released on June 02, 2021, representing the official price target for I-Mab ADR stock. Previously, the target price had yet another raise to $75, while Needham analysts kept a Buy rating on IMAB stock. On March 03, 2021, analysts increased their price target for IMAB shares from 55 to 75.
The Price to Book ratio for the last quarter was 0.89, with the Price to Cash per share for the same quarter was set at 2.14.
IMAB Stock Performance Analysis:
I-Mab ADR [IMAB] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 6.44. With this latest performance, IMAB shares gained by 14.97% in over the last four-week period, additionally plugging by 144.32% over the last 6 months – not to mention a rise of 152.94% in the past year of trading.
Insight into I-Mab ADR Fundamentals:
Return on Equity for this stock declined to -17.08%, with Return on Assets sitting at -17.08%.
I-Mab ADR [IMAB] Institutonal Ownership Details
There are presently around $29.54%, or 33.26% of IMAB stock, in the hands of institutional investors. The top three institutional holders of IMAB stocks are: HHLR ADVISORS, LTD. with ownership of 6.91 million shares, which is approximately 7.7935%. CALIGAN PARTNERS LP, holding 3.37 million shares of the stock with an approximate value of $$5.64 million in IMAB stocks shares; and CALIGAN PARTNERS LP, currently with $$2.3 million in IMAB stock with ownership which is approximately 1.5559%.
