At the time of writing, I-Mab ADR [IMAB] stock is trading at $4.65, up 6.41%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The IMAB shares have lost -10.23% over the last week, with a monthly amount glided 58.70%, 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 $5.90. Currently, Wall Street analysts expect the stock to reach $8 within the next 12 months. I-Mab ADR [NASDAQ: IMAB] shares were valued at $4.65 at the most recent close of the market. An investor can expect a potential return of 72.04% based on the average IMAB price forecast.
Analyzing the IMAB fundamentals
To continue investigating profitability, this company’s Return on Assets is posted at -0.18, Equity is -0.19 and Total Capital is -0.19. 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 4.54 points at the first support level, and at 4.42 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.73, and for the 2nd resistance point, it is at 4.80.
Ratios To Look Out For
It is important to note that I-Mab ADR [NASDAQ:IMAB] has a current ratio of 22.82. Further, the Quick Ratio stands at 22.82, while the Cash Ratio is 22.51.
