ImmunityBio Inc (IBRX) concluded trading on Thursday at a closing price of $6.50, with 6.29 million shares of worth about $40.87 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 56.25% during that period and on June 20, 2024 the price saw a gain of about 4.33%. Currently the company’s common shares owned by public are about 670.87M shares, out of which, 154.55M shares are available for trading.
Stock saw a price change of 16.07% in past 5 days and over the past one month there was a price change of -7.67%. Year-to-date (YTD), IBRX shares are showing a performance of 29.48% which increased to 128.87% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.25 but also hit the highest price of $10.53 during that period. The average intraday trading volume for ImmunityBio Inc shares is 6.98 million. The stock is currently trading 3.50% above its 20-day simple moving average (SMA20), while that difference is down -2.57% for SMA50 and it goes to 48.91% higher than SMA200.
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ImmunityBio Inc (NASDAQ: IBRX) currently have 670.87M outstanding shares and institutions hold larger chunk of about 9.60% of that.
The stock has a current market capitalization of $4.50B and its 3Y-monthly beta is at 0.93. It has posted earnings per share of -$1.05 in the same period. It has Quick Ratio of 3.64. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for IBRX, volatility over the week remained 9.37% while standing at 7.80% over the month.
Stock’s fiscal year EPS is expected to rise by 35.22% while it is estimated to increase by 32.21% in next year. EPS is likely to shrink at an annualized rate of -1.70% for next 5-years, compared to annual growth of 1.17% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Piper Sandler on May 12, 2023 offering a Neutral rating for the stock and assigned a target price range of between $10 and $4 to it. Coverage by Jefferies stated ImmunityBio Inc (IBRX) stock as a Buy in their note to investors on August 03, 2022, suggesting a price target of $8 for the stock.
