iBio Inc [IBIO] stock prices are up 21.46% to $2.66 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The IBIO shares have gain 19.82% over the last week, with a monthly amount glided 49.44%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
iBio Inc [AMEX: IBIO] stock has seen the most recent analyst activity on May 28, 2024, when Chardan Capital Markets initiated its Buy rating and assigned the stock a price target of $5. Previously, JMP Securities started tracking the stock with Mkt Outperform rating on November 29, 2021, and set its price target to $1.50. On January 22, 2021, Cantor Fitzgerald initiated with a Overweight rating and assigned a price target of $3 on the stock. Alliance Global Partners started tracking the stock assigning a Buy rating and suggested a price target of $2.55 on June 26, 2020.
The stock price of iBio Inc [IBIO] has been fluctuating between $1.02 and $7.83 over the past year. Currently, Wall Street analysts expect the stock to reach $3.6 within the next 12 months. iBio Inc [AMEX: IBIO] shares were valued at $2.66 at the most recent close of the market. An investor can expect a potential return of 35.34% based on the average IBIO price forecast.
Analyzing the IBIO fundamentals
To continue investigating profitability, this company’s Return on Assets is posted at -0.87, Equity is -1.45 and Total Capital is -0.67. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.21.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 2.35 points at the first support level, and at 2.05 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.87, and for the 2nd resistance point, it is at 3.09.
Ratios To Look Out For
It’s worth pointing out that iBio Inc [AMEX:IBIO]’s Current Ratio is 4.08. Also, the Quick Ratio is 4.08, while the Cash Ratio stands at 3.7. Considering the valuation of this stock, the price to sales ratio is 99.92, the price to book ratio is 1.08.
Transactions by insiders
Recent insider trading involved Brenner Martin, that happened on Nov 01 ’23 when 4881.0 shares were sold.
