In8bio Inc Stock Today

INAB Stock  USD 0.28  0.01  3.45%   

Performance

3 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Over 82

 
High
 
Low
Very High
In8bio is trading at 0.28 as of the 13th of December 2024, a 3.45 percent decrease since the beginning of the trading day. The stock's open price was 0.29. In8bio has a very high chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. The performance scores are derived for the period starting the 16th of June 2024 and ending today, the 13th of December 2024. Click here to learn more.
Business Domain
Pharmaceuticals, Biotechnology & Life Sciences
IPO Date
30th of July 2021
Category
Healthcare
Classification
Health Care
IN8bio, Inc., a clinical-stage biotechnology company, focuses on the discovery, development, and commercialization of gamma-delta T cell therapies for the treatment of cancers. IN8bio, Inc. was incorporated in 2016 and is headquartered in New York, New York. The company has 72.48 M outstanding shares of which 859.26 K shares are currently shorted by private and institutional investors with about 0.51 trading days to cover. More on In8bio Inc

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In8bio Stock Highlights

Business ConcentrationBiotechnology, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, NASDAQ Composite, NASDAQ Health Care, Health Care, Biotechnology, Biotechnology, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Total Current Liabilities3.1 M5.4 M
Way Down
Slightly volatile
Non Current Liabilities Total2.1 M3.4 M
Way Down
Slightly volatile
Total Assets25.1 M33.7 M
Way Down
Slightly volatile
Total Current Assets20.1 M24.6 M
Significantly Down
Slightly volatile
Debt Levels
In8bio can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand In8bio's financial leverage. It provides some insight into what part of In8bio's total assets is financed by creditors.
Liquidity
In8bio Inc currently holds 4.89 M in liabilities with Debt to Equity (D/E) ratio of 0.08, which may suggest the company is not taking enough advantage from borrowing. In8bio Inc has a current ratio of 8.9, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about In8bio's use of debt, we should always consider it together with its cash and equity.

Investments

(630,000)
In8bio Inc (INAB) is traded on NASDAQ Exchange in USA. It is located in 350 5th Avenue, New York, NY, United States, 10118 and employs 39 people. In8bio is listed under Biotechnology category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 23.27 M. In8bio Inc conducts business under Biotechnology sector and is part of Health Care industry. The entity has 72.48 M outstanding shares of which 859.26 K shares are currently shorted by private and institutional investors with about 0.51 trading days to cover. In8bio Inc currently holds about 25.74 M in cash with (23.34 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.37, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check In8bio Probability Of Bankruptcy
Ownership Allocation
In8bio shows noticeable amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares.
Check In8bio Ownership Details

In8bio Stock Institutional Holders

InstituionRecorded OnShares
Rock Creek Group, Lp2024-06-30
52.4 K
Overbrook Management Corp2024-09-30
33.8 K
Northern Trust Corp2024-09-30
30 K
Ubs Group Ag2024-09-30
26.3 K
Tower Research Capital Llc2024-09-30
13.2 K
Lpl Financial Corp2024-09-30
12.3 K
Westside Investment Management, Inc.2024-06-30
12 K
Hrt Financial Llc2024-09-30
11.3 K
Hightower Advisors, Llc2024-09-30
10 K
Aigh Capital Management, Llc2024-09-30
1.7 M
Vanguard Group Inc2024-09-30
1.4 M
View In8bio Diagnostics

In8bio Historical Income Statement

At present, In8bio's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 1.3 M, whereas Selling General Administrative is forecasted to decline to about 7.8 M. View More Fundamentals

In8bio Stock Against Markets

In8bio Corporate Management

Pharm MPHVP CommunicationsProfile
TaiWei HoPresident, CoFounderProfile
William HoPresident, CoFounderProfile
Trishna MDChief OfficerProfile
Kate RochlinChief OfficerProfile
Lawrence LambCoFounder VPProfile
When determining whether In8bio Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of In8bio's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of In8bio Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on In8bio Inc Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in In8bio Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of In8bio. If investors know In8bio will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about In8bio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.74)
Return On Assets
(0.78)
Return On Equity
(1.80)
The market value of In8bio Inc is measured differently than its book value, which is the value of In8bio that is recorded on the company's balance sheet. Investors also form their own opinion of In8bio's value that differs from its market value or its book value, called intrinsic value, which is In8bio's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because In8bio's market value can be influenced by many factors that don't directly affect In8bio's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between In8bio's value and its price as these two are different measures arrived at by different means. Investors typically determine if In8bio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, In8bio's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.