Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. IN8bio Inc’s current trading price is -81.97% away from its 52-week high, while its distance from the 52-week low is 60.37%. The stock’s price range over this period has fluctuated between $0.22 and $1.93. The company, operating within the financial sector, had a trading volume of approximately 3.75 million for the day, which was noticeably higher than the average daily share volume of 1.29 million over the last 3 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 32.17% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 26.23M 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 0.3338, with a change in price of -0.3010. Similarly, IN8bio Inc recorded 967,734 in trading volume during the last 100 days, posting a change of -46.38%.
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
Today’s raw stochastic average for IN8bio Inc over the last 50 days is 65.50%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 76.08%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 53.89% and 38.40%, respectively.
INAB Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a gain of 35.30%.However, over the last six months, we can see a stronger performance of -57.69%. Over the last 30 days, the price of INAB has fallen by 15.54%. And in the last five days, it has surged by 28.89%.
