With 2.08 million shares changed hands, the volume of the stock remained heavier than its average volume of 77730.0 shares. During the session, the Biotechnology company that operates in wider Healthcare sector, reached to the highest price of $2.44 whereas the lowest price it dropped to was $1.72. The 52-week range on IFRX shows that it touched its highest point at $2.10 and its lowest point at $1.16 during that stretch. It currently has a 1-year price target of $8.24. Beta for the stock currently stands at 1.55.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of IFRX was up-trending over the past week, with a rise of 34.44%, but this was up by 34.44% over a month. Three-month performance surged to 47.10% while six-month performance rose 40.00%. The stock gained 35.33% in the past year, while it has gained 24.54% so far this year. A look at the trailing 12-month EPS for IFRX yields -1.05 with Next year EPS estimates of -1.07. For the next quarter, that number is -0.28. This implies an EPS growth rate of -24.85% for this year and -3.95% for next year.
Float and Shares Shorts:
At present, 58.88 million IFRX shares are outstanding with a float of 48.83 million shares on hand for trading. On 2024-10-15, short shares totaled 0.24 million, which was 41.0 higher than short shares on 1726185600. In addition to Dr. Niels C. Riedemann M.D., Ph.D. as the firm’s Co-Founder, CEO & Executive Director, Prof. Renfeng Guo M.D. serves as its Co-Founder, Chief Scientific Officer & Executive Director.
Institutional Ownership:
Through their ownership of 0.22523001 of IFRX’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, IFRX reported revenue of $123819.0 and operating income of -$15360039.0. The EBITDA in the recently reported quarter was -$14480268.0 and diluted EPS was -$0.3.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for IFRX since 2 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 1 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With IFRX analysts setting a high price target of 12.119 and a low target of 4.695, the average target price over the next 12 months is 7.69925. Based on these targets, IFRX could surge 497.0% to reach the target high and rise by 131.28% to reach the target low. Reaching the average price target will result in a growth of 279.27% from current levels.
Analysts have provided yearly estimates in a range of -$0.88053 being high and -$0.96222 being low. For IFRX, this leads to a yearly average estimate of -$0.91683.
