IN8bio Inc (NASDAQ: INAB) is -48.48% lower on its value in year-to-date trading and has touched a low of $0.13 and a high of $1.74 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 INAB stock was last observed hovering at around $0.15 in the last trading session, with the day’s loss setting it -0.02%.
Currently trading at $0.13, the stock is -20.64% and -28.77% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 17.82 million and changing -9.68% at the moment leaves the stock -57.10% off its SMA200. INAB registered -87.01% loss for a year compared to 6-month loss of -60.09%.
The stock witnessed a -18.81% gain in the last 1 month and extending the period to 3 months gives it a -58.99%, and is -21.08% 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 9.84% over the week and 7.91% over the month.
IN8bio Inc (INAB) has around 18 employees, a market worth around $12.03M and $0.00M in sales. Distance from 52-week low is -0.38% and -92.39% from its 52-week high. The company has generated returns on investments over the last 12 months (-162.16%).
The EPS is expected to grow by 63.86% this year
The shares outstanding are 81.26M, and float is at 71.27M with Short Float at 0.60%.
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 3.1554 of the shares outstanding. The other top investors are ENSIGN PEAK ADVISORS, INC which holds 1.12 million shares representing 2.4781 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.
