Currently, I-Mab ADR’s (IMAB) stock is trading at $1.26, marking a gain of 13.50% from last night’s close. At this price, the stock is -50.32% below its 52-week high of $2.54 and 27.26% above its 52-week low of $0.99. Based on the past 30-day period, the stock price is -16.31% below the high and +15.69% above the low.
The 200-day Simple moving average is often placed more emphasis on by traders because of daily price changes. Investors will use the SMA-200 in different situations in trading activity as a key indicator to determine their support and resistance levels, and at the moment, IMAB’s SMA-200 is $1.6253.
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As well, it is important to consider IMAB stock ratios such as price-to-sales, which is currently 88.22.IMAB’s price to book ratio for the most recent quarter was 0.41, resulting in an 0.47 price to cash per share for the period.
How does I-Mab ADR (IMAB) stock rate among analysts? Buy, sell, or hold?
The key to trading is to concentrate on the future rather than on the past. During uncertain times, it can be hard to make decisions. The analysts who understand how a market works are usually the most accurate at forecasting its future. Currently, there are 4 brokerage firms that recommend the stock as a Strong Buy. The ratings are commonly aggregated into a single number between 1 and 5. Buy or strong buy is scored 5, outperform is scored 4, hold is scored 3, underperform is scored 2 and strong sell is 1. Using a scale of 1-5, the current average recommendation is 4.75 in simple terms.
I-Mab ADR (NASDAQ: IMAB) Ownership Details
I will give a breakdown of the key shareholders in I-Mab ADR (IMAB). Recent figures show that the company’s insiders hold 11.16% of shares. A total of 48 institutional investors hold shares in the company, making 38.40% of its stock and 43.22% of its float.
Jun 30, 2024, it was reported that the Company’s largest institutional holder is HHLR Advisors, LTD holding total of 6.91 shares that make 8.48% of the company’s total number of shares and are currently priced at 8.5 million.
The securities firm Caligan Partners, LP holds 3.37 shares of IMAB, making it the second largest institutional shareholder. Taking this into account, the holding percentage comes to 4.14%, and the holding percentage of shares is valued at 4.15 million.
An overview of I-Mab ADR’s technicals
In order to learn about trade movements and investor behavior, it is best to analyze the short, medium, and long term technical indicators along with the average volume of a stock. A 20-day average of the stock’s daily volume suggests I-Mab ADR (IMAB) traded 170,157 shares per day, with a moving average of $1.0855 and price change of -0.0800. With the moving average of $1.1855 and a price change of -0.4500, about 205,359 shares changed hands on average over the past 50 days. Finally, IMAB’s 100-day average volume is 212,808 shares, alongside a moving average of $1.4600 and a price change of -0.5850.
