With 0.54 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.47 million shares. The 52-week range on IFRX shows that it touched its highest point at $2.82 and its lowest point at $0.71 during that stretch. It currently has a 1-year price target of $4.34. Beta for the stock currently stands at 1.30.
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 down-trending over the past week, with a drop of -56.22%, but this was down by -56.22% over a month. Three-month performance dropped to -35.20% while six-month performance fell -63.18%. The stock lost -44.52% in the past year, while it has lost -67.21% so far this year. A look at the trailing 12-month EPS for IFRX yields -1.05 with Next year EPS estimates of -0.74. For the next quarter, that number is -0.20. This implies an EPS growth rate of 17.95% for this year and -0.46% for next year. EPS is expected to grow by 5.64% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 18.08%.
Float and Shares Shorts:
At present, 67.75 million IFRX shares are outstanding with a float of 57.08 million shares on hand for trading.
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.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.90778 being high and -$0.94339 being low. For IFRX, this leads to a yearly average estimate of -$0.92559. Based on analyst estimates, the high estimate for the next quarter is -$0.1 and the low estimate is -$0.18. The average estimate for the next quarter is thus -$0.15.
