I-Mab ADR (IMAB)’s 7.21% Rise Drives It Into Interest-Losing Territory For Investors

I-Mab ADR (NASDAQ:IMAB) has a beta value of 1.07 and has seen 0.72 million shares traded in the recent trading session. The company, currently valued at $91.65M, closed the recent trade at $1.19 per share which meant it gained $0.08 on the day or 7.21% during that session. The IMAB stock price is -113.45% off its 52-week high price of $2.54 and 16.81% above the 52-week low of $0.99. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.19 million shares traded. The 3-month trading volume is 201.59K shares.

The consensus among analysts is that I-Mab ADR (IMAB) is Buy stock at the moment, with a recommendation rating of 1.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 2 have rated it as a Hold, with 2 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.

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I-Mab ADR (NASDAQ:IMAB) trade information

Sporting 7.21% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the IMAB stock price touched $1.19 or saw a rise of 9.85%. Year-to-date, I-Mab ADR shares have moved -37.37%, while the 5-day performance has seen it change 9.17%. Over the past 30 days, the shares of I-Mab ADR (NASDAQ:IMAB) have changed -8.46%. Short interest in the company has seen 0.72 million shares shorted with days to cover at 3.21.

I-Mab ADR (IMAB) estimates and forecasts

Figures show that I-Mab ADR shares have outperformed across the wider relevant industry. The company’s shares have lost -35.33% over the past 6 months, with this year growth rate of 78.41%, compared to 17.70% 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 -18.89% over the past 5 years. Earnings growth for 2024 is a modest 66.34% while over the next 5 years, the company’s earnings are expected to increase by 26.00%.

IMAB Dividends

I-Mab ADR is expected to release its next earnings report on 2023-Aug-17 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

I-Mab ADR (NASDAQ:IMAB)’s Major holders

The top two institutional holders are HHLR ADVISORS, LTD. with over 6.91 million shares worth more than $11.54 million. As of 2024-06-30, HHLR ADVISORS, LTD. held 7.7935% of shares outstanding.

The other major institutional holder is CALIGAN PARTNERS LP, with the holding of over 3.37 million shares as of 2024-06-30. The firm’s total holdings are worth over $5.64 million and represent 3.8067% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are abrdn Healthcare Investors and Invesco ETF Tr-Invesco Golden Dragon China ETF. As of Jun 30, 2024, the former fund manager holds about 0.07% shares in the company for having 53.88 shares of worth $62485.0 while later fund manager owns 53.13 shares of worth $61613.0 as of Aug 31, 2024, which makes it owner of about 0.07% of company’s outstanding stock.