Investors love the new 12-month forecast for Ibio Inc(IBIO)

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Market Data

Ibio Inc(IBIO) is a stock of interest due to the large impact the company has on the market. 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 movement so you can make the best decision as an investor. The stock has moved downwards today by 5.48%. The high for today is 1.44 and today’s low is 1.37. This information is critical in deciding whether this investment is risky or not. We can see the stock is trending downwards, which means the volume of people selling this stock is greater than people buying it.

Company Description

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.

Stock Forecast

As an investor, you can get an idea of where the stock is trending by the forecast. In this case, the high forecast for Ibio Inc is $3.00 and the low forecast is $2.50. Overall, Ibio Inc is in great shape going forward. They have a strong market cap of $298.09M and a very bright future ahead of them.

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