I-Mab ADR (NASDAQ: IMAB) is 110.59% higher on its value in year-to-date trading and has touched a low of $0.60 and a high of $2.00 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 IMAB stock was last observed hovering at around $1.87 in the last trading session, with the day’s loss setting it -0.08%.
Currently trading at $1.79, the stock is 64.90% and 93.97% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.35 million and changing -4.28% at the moment leaves the stock 74.63% off its SMA200. IMAB registered 7.83% gain for a year compared to 6-month loss of 92.02%. The firm has a 50-day simple moving average (SMA 50) of $0.9228 and a 200-day simple moving average (SMA200) of $1.025015.
The stock witnessed a 109.36% gain in the last 1 month and extending the period to 3 months gives it a 98.69%, and is 52.99% up 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 19.74% over the week and 9.44% over the month.
I-Mab ADR (IMAB) has around 32 employees, a market worth around $141.30M and $0.00M in sales. Distance from 52-week low is 200.84% and -10.50% from its 52-week high. The company has generated returns on investments over the last 12 months (-28.09%).
The EPS is expected to shrink by -31.25% 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.
34.0 institutions hold shares in I-Mab ADR (IMAB), with institutional investors hold 33.26% of the company’s shares. The shares outstanding are 78.94M, and float is at 78.72M with Short Float at 0.36%. Institutions hold 29.54% of the Float.
The top institutional shareholder in the company is HHLR ADVISORS, LTD. with over 6.91 million shares valued at $$11.54 million. The investor’s holdings represent 7.7935 of the IMAB Shares outstanding. As of 2024-06-30, the second largest holder is CALIGAN PARTNERS LP with 3.37 million shares valued at $$5.64 million to account for 3.8067 of the shares outstanding. The other top investors are BOOTHBAY FUND MANAGEMENT, LLC which holds 1.38 million shares representing 1.5559 and valued at over $$2.3 million, while TWO SIGMA ADVISERS, LP holds 0.6504 of the shares totaling 0.58 million with a market value of $$0.96 million.
