iBio (IBIO) Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for iBio in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" IBIO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in IBIO, but not buy additional shares or sell existing shares.
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iBio, Inc. (NYSEAMERICAN:IBIO) posted its quarterly earnings results on Monday, November, 15th. The biotechnology company reported ($1.00) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($1.25) by $0.25. The biotechnology company earned $0.21 million during the quarter.

Shares of iBio reverse split on Tuesday, October 11th 2022. The 1-25 reverse split was announced on Tuesday, October 11th 2022. The number of shares owned by shareholders was adjusted after the market closes on Tuesday, October 11th 2022. An investor that had 100 shares of stock prior to the reverse split would have 4 shares after the split.

Based on aggregate information from My MarketBeat watchlists, some companies that other iBio investors own include Inovio Pharmaceuticals (INO), Vaxart (VXRT), Sorrento Therapeutics (SRNE), VBI Vaccines (VBIV), Heat Biologics (HTBX), Novavax (NVAX), Dynavax Technologies (DVAX), Co-Diagnostics (CODX), Nokia Oyj (NOK) and Moderna (MRNA).

iBio trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "IBIO."

iBio's stock is owned by a variety of institutional and retail investors. Top institutional investors include Armistice Capital LLC (4.25%), BlackRock Inc. (1.12%), Bank of New York Mellon Corp (0.71%), Renaissance Technologies LLC (0.55%), State Street Corp (0.39%) and Susquehanna International Group LLP (0.00%). Insiders that own company stock include Eastern Capital Ltd, Martin Brenner and Robert Matthew Lutz.
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Shares of IBIO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of IBIO stock can currently be purchased for approximately $0.79.

iBio (NYSEAMERICAN:IBIO) has a market capitalization of $13.24 million and generates $2.38 million in revenue each year.

iBio's mailing address is 600 Madison Ave Ste 1601, NEW YORK, NY 10022-1737, United States. The official website for the company is www.ibioinc.com. The biotechnology company can be reached via phone at (979) 446-0027, via email at ir@ibioinc.com, or via fax at 302-356-1173.