IN8bio Inc (NASDAQ: INAB) is 3.81% higher on its value in year-to-date trading and has touched a low of $0.22 and a high of $1.74 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The INAB stock was last observed hovering at around $0.29 in the last trading session, with the day’s loss setting it -0.02%.
Currently trading at $0.27, the stock is -2.83% and -6.16% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.42 million and changing -8.18% at the moment leaves the stock -51.62% off its SMA200. INAB registered -76.16% loss for a year compared to 6-month loss of -55.71%.
The stock witnessed a -9.98% gain in the last 1 month and extending the period to 3 months gives it a -15.69%, and is -1.15% 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 21.12% over the week and 12.17% over the month.
IN8bio Inc (INAB) has around 31 employees, a market worth around $19.35M and $0.00M in sales. Distance from 52-week low is 23.04% and -84.66% from its 52-week high. The company has generated returns on investments over the last 12 months (-258.49%).
The EPS is expected to grow by 43.67% this year, but quarterly earnings will post 0.00% year-over-year. Quarterly sales are estimated to shrink 0.00% in year-over-year returns.
IN8bio Inc (INAB) Top Institutional Holders
The shares outstanding are 72.48M, and float is at 57.73M with Short Float at 0.75%.
The top institutional shareholder in the company is AIGH CAPITAL MANAGEMENT LLC with over 2.13 million shares valued at $1.8 million. The investor’s holdings represent 4.7157% of the INAB Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 1.42 million shares valued at $1.21 million to account for 3.2892 of the shares outstanding. The other top investors are ENSIGN PEAK ADVISORS, INC which holds 1.12 million shares representing 2.5832% and valued at over $0.95 million, while ALYESKA INVESTMENT GROUP, L.P. holds 1.4205 of the shares totaling 0.64 million with a market value of $0.76 million.
IN8bio Inc (INAB) Insider Activity
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