IO Biotech Inc (NASDAQ:IOBT) has a beta value of 0.49 and has seen 0.95 million shares traded in the last trading session. The company, currently valued at $98.82M, closed the last trade at $1.50 per share which meant it lost -$0.04 on the day or -2.60% during that session. The IOBT stock price is -40.0% off its 52-week high price of $2.10 and 45.33% above the 52-week low of $0.82. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.23 million shares traded. The 3-month trading volume is 141.58K shares.
The consensus among analysts is that IO Biotech Inc (IOBT) is Buy stock at the moment, with a recommendation rating of 1.33. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 1 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight.
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IO Biotech Inc (NASDAQ:IOBT) trade information
Sporting -2.60% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the IOBT stock price touched $1.50 or saw a rise of 9.91%. Year-to-date, IO Biotech Inc shares have moved -20.21%, while the 5-day performance has seen it change -8.54%. Over the past 30 days, the shares of IO Biotech Inc (NASDAQ:IOBT) have changed 18.11%. Short interest in the company has seen 75487.0 shares shorted with days to cover at 0.39.
IO Biotech Inc (IOBT) estimates and forecasts
Figures show that IO Biotech Inc shares have outperformed across the wider relevant industry. The company’s shares have lost -14.77% over the past 6 months, with this year growth rate of 38.89%, compared to 18.00% for the industry.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -46.06% over the past 5 years.
IOBT Dividends
IO Biotech Inc is expected to release its next earnings report in October this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
IO Biotech Inc (NASDAQ:IOBT)’s Major holders
Insiders own 0.24% of the company shares, while shares held by institutions stand at 77.30% with a share float percentage of 77.48%. Investors are also buoyed by the number of investors in a company, with IO Biotech Inc having a total of 24.0 institutions that hold shares in the company. The top two institutional holders are VIVO CAPITAL, LLC with over 6.17 million shares worth more than $7.22 million. As of 2024-06-30, VIVO CAPITAL, LLC held 9.3706% of shares outstanding.
The other major institutional holder is NOVO HOLDINGS A/S, with the holding of over 4.43 million shares as of 2024-06-30. The firm’s total holdings are worth over $5.18 million and represent 6.7234% of shares outstanding.
