During the last session, IO Biotech Inc (NASDAQ:IOBT)’s traded shares were 5.13 million, with the beta value of the company hitting 0.31. At the end of the trading day, the stock’s price was $0.68, reflecting an intraday loss of -16.89% or -$0.14. The 52-week high for the IOBT share is $2.10, that puts it down -208.82 from that peak though still a striking -7.35% loss since the share price plummeted to a 52-week low of $0.73. The company’s market capitalization is $44.93M, and the average intraday trading volume over the past 10 days was 0.55 million shares, and the average trade volume was 470.87K shares over the past three months.
IO Biotech Inc (IOBT) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.33. IOBT has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.4.
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IO Biotech Inc (NASDAQ:IOBT) trade information
IO Biotech Inc (IOBT) registered a -16.89% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -16.89% in intraday trading to $0.68, hitting a weekly high. The stock’s 5-day price performance is -23.37%, and it has moved by -45.00% in 30 days. Based on these gigs, the overall price performance for the year is -32.48%. The short interest in IO Biotech Inc (NASDAQ:IOBT) is 0.2 million shares and it means that shorts have 1.89 day(s) to cover.
IO Biotech Inc (IOBT) estimates and forecasts
Statistics show that IO Biotech Inc has outperformed its competitors in share price, compared to the industry in which it operates. IO Biotech Inc (IOBT) shares have gone down -48.33% during the last six months, with a year-to-date growth rate more than the industry average at 31.82% against 18.00.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -46.06%. While earnings are projected to return 31.62% in 2024.
IOBT Dividends
IO Biotech Inc is due to release its next quarterly earnings in December. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
IO Biotech Inc (NASDAQ:IOBT)’s Major holders
IO Biotech Inc insiders own 0.24% of total outstanding shares while institutional holders control 76.79%, with the float percentage being 76.97%. VIVO CAPITAL, LLC is the largest shareholder of the company, while 26.0 institutions own stock in it. As of 2024-06-30, the company held over 6.17 million shares (or 9.3706% of all shares), a total value of $7.22 million in shares.
The next largest institutional holding, with 4.43 million shares, is of NOVO HOLDINGS A/S’s that is approximately 6.7234% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $5.18 million.
