The trading price of I-Mab ADR (NASDAQ:IMAB) floating higher at last check on Wednesday, June 05, closing at $1.95, 3.71% higher than its previous close.
In examining the 52-week price action we see that the stock hit a 52-week high of $3.38 and a 52-week low of $1.16. Over the past month, the stock has gained 8.93% in value.
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I-Mab ADR, whose market valuation is $150.17 million at the time of this writing. Investors’ optimism about the company’s current quarter earnings report is understandable.
On the technical side, indicators suggest IMAB has a Hold on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.
A quick review shows that IMAB’s price is currently 10.33% off the SMA20 and 8.82% off the SMA50. The RSI metric on the 14-day chart is currently showing 63.70, and weekly volatility stands at 10.16%. When measured over the past 30 days, the indicator reaches 4.98%. I-Mab ADR (NASDAQ:IMAB)’s beta value is currently sitting at 1.07, while the Average True Range indicator is currently displaying 0.11.
To see how I-Mab ADR stock has been performing today in comparison to its peers in the industry, here are the numbers: IMAB stock’s performance was 3.71% at last check in today’s session, and -39.07% in the past year.
An evaluation of the daily trading volume of I-Mab ADR (NASDAQ:IMAB) indicates that the 3-month average is 253.97K.
Currently, records show that 77.02 million of the company’s shares remain outstanding. The insiders hold 0.28% of outstanding shares, whereas institutions hold 16.25%. However, since the stock’s price has seen 2.62% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
