I-Mab ADR (IMAB) Shares on the Rise: Short-term Analysis

I-Mab ADR [IMAB] stock prices are up 18.52% to $1.60 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The IMAB shares have gain 22.14% over the last week, with a monthly amount glided 46.79%, and seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

I-Mab ADR [NASDAQ: IMAB] stock has seen the most recent analyst activity on December 09, 2021, when Siebert Williams Shank initiated its Buy rating and assigned the stock a price target of $96. On March 15, 2021, Needham initiated with a Buy rating and assigned a price target of $75 on the stock. H.C. Wainwright reiterated its Buy rating and increased its price target to $75 on March 03, 2021. Piper Sandler initiated its recommendation with a Overweight and recommended $75 as its price target on February 25, 2021. H.C. Wainwright started tracking with a Buy rating for this stock on December 07, 2020, and assigned it a price target of $55. In a note dated July 27, 2020, Cantor Fitzgerald initiated an Overweight rating and provided a target price of $50 on this stock.

The stock price of I-Mab ADR [IMAB] has been fluctuating between $0.99 and $2.54 over the past year. I-Mab ADR [NASDAQ: IMAB] shares were valued at $1.60 at the most recent close of the market.

Analyzing the IMAB fundamentals

The I-Mab ADR [NASDAQ:IMAB] reported sales of 1.10M for trailing twelve months, representing a surge of 15398.08%. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at -95.62%, Pretax Profit Margin comes in at -101.69%, and Net Profit Margin reading is -61.27%. To continue investigating profitability, this company’s Return on Assets is posted at -0.27, Equity is -0.26 and Total Capital is -0.44. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.02.

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 1.4282 points at the first support level, and at 1.2564 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.6959, and for the 2nd resistance point, it is at 1.7918.

Ratios To Look Out For

It’s worth pointing out that I-Mab ADR [NASDAQ:IMAB]’s Current Ratio is 16.50. On the other hand, the Quick Ratio is 16.50, and the Cash Ratio is 10.88. Considering the valuation of this stock, the price to sales ratio is 112.03, the price to book ratio is 0.52.

Transactions by insiders

Recent insider trading involved KANNAN RAJ, Officer, that happened on Jul 26 ’24 when 50000.0 shares were purchased.

Related Posts