Ibio Stock Forecast, Price & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ibio in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy."
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Ibio is scheduled to release its next quarterly earnings announcement on Friday, October 2nd 2020.
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Ibio's stock reverse split before market open on Monday, June 11th 2018. The 1-10 reverse split was announced on Thursday, May 31st 2018. The number of shares owned by shareholders was adjusted after the market closes on Friday, June 8th 2018. An investor that had 100 shares of Ibio stock prior to the reverse split would have 10 shares after the split.

1 analysts have issued 12-month price objectives for Ibio's stock. Their forecasts range from $2.55 to $2.55. On average, they anticipate Ibio's share price to reach $2.55 in the next twelve months. This suggests a possible upside of 27.5% from the stock's current price.
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Ibio saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 20,000,000 shares, an increase of 24.8% from the August 31st total of 16,020,000 shares. Based on an average daily volume of 35,280,000 shares, the days-to-cover ratio is presently 0.6 days.
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Some companies that are related to Ibio include Concordia International (CXR), NGM Biopharmaceuticals (NGM), PureTech Health (PRTC), Aptose Biosciences (APS), Oxford BioMedica (OXB), SIGA Technologies (SIGA), Biotest (BIO), CEL-SCI (CVM), Pfenex (PFNX), Pfenex (PFNX), Inventiva (IVA), Altimmune (ALT), iShares Diversified Alternatives Trust (ALT), IMV (IMV) and Ergomed (ERGO).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Ibio investors own include Inovio Pharmaceuticals (INO), Vaxart (VXRT), VBI Vaccines (VBIV), Sorrento Therapeutics (SRNE), Heat Biologics (HTBX), Dynavax Technologies (DVAX), Novavax (NVAX), 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 number of retail and institutional investors. Top institutional investors include Jane Street Group LLC (0.27%), Nuveen Asset Management LLC (0.16%), Bank of New York Mellon Corp (0.13%), Charles Schwab Investment Management Inc. (0.12%), Goldman Sachs Group Inc. (0.06%) and New York State Common Retirement Fund (0.05%). Company insiders that own Ibio stock include Eastern Capital Ltd, James P Mullaney and Robert L Erwin.
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IBIO stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc.. Company insiders that have sold Ibio company stock in the last year include Eastern Capital Ltd, James P Mullaney, and Robert L Erwin.
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IBIO stock was bought by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Jane Street Group LLC, Charles Schwab Investment Management Inc., Bank of New York Mellon Corp, New York State Common Retirement Fund, National Asset Management Inc., Virtu Financial LLC, and Harvey Capital Management Inc..
View insider buying and selling activity for Ibio.

Shares of IBIO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of IBIO stock can currently be purchased for approximately $2.00.

Ibio has a market capitalization of $348.83 million. Ibio employs 54 workers across the globe.

The official website for Ibio is www.ibioinc.com.

Ibio's mailing address is 600 Madison Ave Ste 1601, NEW YORK, NY 10022-1737, United States. The biotechnology company can be reached via phone at +1-302-3550650.