At the time of writing, I-Mab ADR [IMAB] stock is trading at $2.45, up 6.99%. An important factor to consider is whether the stock is rising or falling in short-term value. The IMAB shares have gain 87.02% over the last week, with a monthly amount glided 175.28%, and seem to be holding up well over a long-time horizon.
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.
For the past year, the stock price of I-Mab ADR fluctuated between $0.60 and $2.68. I-Mab ADR [NASDAQ: IMAB] shares were valued at $2.45 at the most recent close of the market.
Analyzing the IMAB fundamentals
According to I-Mab ADR [NASDAQ:IMAB], the company’s sales were 0.00M for trailing twelve months, which represents an -100.00% plunge. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.03 and Total Capital is -0.64. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.02.
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 2.27 points at the first support level, and at 2.10 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.66, and for the 2nd resistance point, it is at 2.88.
Ratios To Look Out For
It is important to note that I-Mab ADR [NASDAQ:IMAB] has a current ratio of 22.35. On the other hand, the Quick Ratio is 22.35, and the Cash Ratio is 8.07.
Transactions by insiders
Recent insider trading involved KANNAN RAJ, Officer, that happened on Jul 26 ’24 when 50000.0 shares were purchased.
