IN8bio Inc (NASDAQ: INAB): A Competitive Analysis And Growth Prospects

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In the last trading session, 3.5 million shares of the IN8bio Inc (NASDAQ:INAB) were traded, and its beta was 0.02. Most recently the company’s share price was $0.26, and it changed around -$0.01 or -3.38% from the last close, which brings the market valuation of the company to $18.85M. INAB currently trades at a discount to its 52-week high of $1.74, offering almost -569.23% off that amount. The share price’s 52-week low was $0.22, which indicates that the current value has risen by an impressive 15.38% since then.

IN8bio Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 4 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 0 recommended INAB as a Hold, whereas 2 deemed it a Buy, and 0 rated it as Underweight. IN8bio Inc is expected to report earnings per share of -0.08 for the current quarter.

IN8bio Inc (NASDAQ:INAB) trade information

Instantly INAB has showed a red trend with a performance of -3.38% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 0.2895 on recent trading dayincreased the stock’s daily price by 10.19%. The company’s shares are currently up 1.09% year-to-date, but still down -4.38% over the last five days. On the other hand, IN8bio Inc (NASDAQ:INAB) is 4.88% up in the 30-day period.

Forecasts for the next quarter put sales growth at 0.00%.

Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -50.62%. IN8bio Inc earnings are expected to increase by 43.67% in 2025, but the outlook is positive 32.08% per year for the next five years.

INAB Dividends

IN8bio Inc’s next quarterly earnings report is expected to be released in April.

VANGUARD GROUP INC, with 3.2892% or 1.42 million shares worth $1.21 million as of 2024-06-30, holds the second largest percentage of outstanding shares.

Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund were the top two Mutual Funds as of Sep 30, 2024 . The former held 952.49 shares worth $0.25 million, making up 1.31% of all outstanding shares. On the other hand, Vanguard Extended Market Index Fund held roughly 471.41 shares worth around $0.12 million, which represents about 0.65% of the total shares outstanding.