Ibio Inc(IBIO) is a stock of interest due to it’s movements. Here at Wall Street Facts we only cover the best stocks so make sure you check out our other articles. Today we will be diving deep into all of the essential information you need to know about IBIO. We will be studying the movemnt so you can make the best descision as an investor.
First, we should get to know the company in discussion today. Here is a little about them:
iBio, Inc. is a biotechnology company, which engages in the development and manufacture of biotherapeutics. Its pipeline include idiopathic pulmonary fibrosis, systemic sclerosis, and scleroderma. The firm operates through the iBio, Inc. and iBio CDMO business segments. The company was founded by Robert B. Kay on April 15, 1993 and is headquartered in Bryan, TX.
The stock has moved downwards today by 2%. The high for today is 1.73 and today’s low is 1.66. This information is critical in deciding whether this investment is risky or safe. We can see since the stock is trending downwards which means that the volume of people selling this stock is greater than people who are buying it. Next we will be going over the forecast.
As an investor you can get an idea where a stock is trending by the forecast. In this case the high forecast for Ibio Inc is 3.00 and the low forecast is 2.30. We can also get a look into the future by looking at past trends. Looking at Ibio Inc’s 5 year movement it seems it has fallen 70%.
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