The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. IN8bio Inc’s current trading price is -85.48% away from its 52-week high, while its distance from the 52-week low is 29.12%. The stock’s price range for this period has been between $0.22 and $1.93 The company’s shares, which are part of the Healthcare sector, had a trading volume of approximately 0.72 million for the day, a number notably lower than the average daily volume of 1.26 million over the last three months.
In terms of market performance, IN8bio Inc had a fairly uneven. The highest value for the stock in the past year was $1.93 on 01/10/24, and the lowest value was recorded at $0.22 on 10/08/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
IN8bio Inc (INAB) has experienced a quarterly rise of 6.34% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 20.31M and boasts a workforce of 31 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.3403, with a change in price of -0.4187. Similarly, IN8bio Inc recorded 938,473 in trading volume during the last 100 days, posting a change of -59.91%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for INAB stands at 0.64. Similarly, the long-term debt-to-equity ratio is also 0.44.
INAB Stock Stochastic Average
As of today, IN8bio Inc’s raw stochastic average for the last 50 days stands at 27.77%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 38.47%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 26.14% and 22.61%, respectively.
INAB Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. The metric has seen a significant gain of 8.94% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -64.91%. Over the past 30 days, the price of INAB has leaped by -23.86%. And in the last five days, it has surged by 19.44%.
