ImmunityBio Inc (NASDAQ: IBRX) is -20.12% lower on its value in year-to-date trading and has touched a low of $1.25 and a high of $10.53 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The IBRX stock was last observed hovering at around $3.98 in the last trading session, with the day’s gains setting it 0.03%.
Currently trading at $4.01, the stock is -17.06% and -30.37% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.33 million and changing 0.75% at the moment leaves the stock -22.79% off its SMA200. IBRX registered 104.59% gain for a year compared to 6-month gain of -16.11%.
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The stock witnessed a -32.94% loss in the last 1 month and extending the period to 3 months gives it a -48.26%, and is -11.67% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 11.68% over the week and 8.34% over the month.
ImmunityBio Inc (IBRX) has around 628 employees, a market worth around $2.79B and $1.31M in sales. Profit margin for the company is -45691.67%. Distance from 52-week low is 220.80% and -61.92% from its 52-week high. The company has generated returns on investments over the last 12 months (-203.07%).
The EPS is expected to grow by 26.96% this year.
ImmunityBio Inc (IBRX) Top Institutional Holders
255.0 institutions hold shares in ImmunityBio Inc (IBRX), with institutional investors hold 39.73% of the company’s shares. The shares outstanding are 670.87M, and float is at 155.57M with Short Float at 30.06%. Institutions hold 9.12% of the Float.
The top institutional shareholder in the company is STATE STREET CORP with over 14.18 million shares valued at $$76.17 million. The investor’s holdings represent 2.7887 of the IBRX Shares outstanding. As of 2024-03-31, the second largest holder is VANGUARD GROUP INC with 13.54 million shares valued at $$72.71 million to account for 2.6619 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 10.38 million shares representing 2.0398 and valued at over $$55.72 million, while GEODE CAPITAL MANAGEMENT, LLC holds 0.6845 of the shares totaling 3.48 million with a market value of $$18.7 million.
