Io Biotech Stock Today

IOBT Stock  USD 0.85  0.10  13.33%   

Performance

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Odds Of Distress

Less than 20

 
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Low
IO Biotech is selling for under 0.85 as of the 28th of November 2024; that is 13.33 percent increase since the beginning of the trading day. The stock's last reported lowest price was 0.72. IO Biotech has about a 20 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for IO Biotech are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain
Pharmaceuticals, Biotechnology & Life Sciences
IPO Date
5th of November 2021
Category
Healthcare
Classification
Health Care
IO Biotech, Inc., a clinical-stage biopharmaceutical company, develops immune-modulating cancer therapies based on the T-win technology platform. The company was incorporated in 2014 and is based in Copenhagen, Denmark. Io Biotech operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. The company has 65.88 M outstanding shares of which 85.15 K shares are currently shorted by private and institutional investors with about 1.89 trading days to cover. More on IO Biotech

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IOBT Stock Highlights

Business ConcentrationBiotechnology, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, NASDAQ Composite, Health Care, Biotechnology, Biotechnology, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Total Current Liabilities11.1 M15.7 M
Way Down
Very volatile
Non Current Liabilities Total1.7 M1.8 M
Notably Down
Slightly volatile
Total Assets118.8 M150.7 M
Significantly Down
Slightly volatile
Total Current Assets117.1 M147.3 M
Significantly Down
Slightly volatile
Debt Levels
IO Biotech can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand IO Biotech's financial leverage. It provides some insight into what part of IO Biotech's total assets is financed by creditors.
Liquidity
IO Biotech currently holds 2.49 M in liabilities with Debt to Equity (D/E) ratio of 0.01, which may suggest the company is not taking enough advantage from borrowing. IO Biotech has a current ratio of 20.52, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about IO Biotech's use of debt, we should always consider it together with its cash and equity.

Change To Operating Activities

4.97 Million
IO Biotech (IOBT) is traded on NASDAQ Exchange in USA. It is located in Ole Maaløes Vej 3, Copenhagen, Denmark, 2200 and employs 74 people. IO Biotech is listed under Biotechnology category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 56 M. IO Biotech conducts business under Biotechnology sector and is part of Health Care industry. The entity has 65.88 M outstanding shares of which 85.15 K shares are currently shorted by private and institutional investors with about 1.89 trading days to cover. IO Biotech currently holds about 170.12 M in cash with (71.74 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.9, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check IO Biotech Probability Of Bankruptcy
Ownership Allocation
IO Biotech secures a total of 65.88 Million outstanding shares. The majority of IO Biotech outstanding shares are owned by institutions. These other corporate entities are usually referred to as non-private investors looking to purchase positions in IO Biotech to benefit from reduced commissions. Hence, outside corporations are subject to a different set of regulations than regular investors in IO Biotech. Please pay attention to any change in the institutional holdings of IO Biotech as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company retains, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check IOBT Ownership Details

IOBT Stock Institutional Holders

InstituionRecorded OnShares
Renaissance Technologies Corp2024-09-30
97 K
Geode Capital Management, Llc2024-09-30
33.3 K
Two Sigma Investments Llc2024-09-30
30 K
Redwood Wealth Management Group Llc2024-06-30
4.2 K
Ubs Group Ag2024-06-30
3.3 K
Fmr Inc2024-09-30
0.0
Citadel Advisors Llc2024-09-30
0.0
Stonepine Capital Management Llc2024-06-30
0.0
Armistice Capital, Llc2024-09-30
0.0
Vivo Capital, Llc2024-09-30
6.2 M
Morgan Stanley - Brokerage Accounts2024-06-30
3.9 M
View IO Biotech Diagnostics

IO Biotech Historical Income Statement

At this time, IO Biotech's Net Interest Income is comparatively stable compared to the past year. Total Other Income Expense Net is likely to gain to about 6.5 M in 2024, whereas Depreciation And Amortization is likely to drop slightly above 204.2 K in 2024. View More Fundamentals

IOBT Stock Against Markets

IO Biotech Corporate Management

Additional Tools for IOBT Stock Analysis

When running IO Biotech's price analysis, check to measure IO Biotech's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy IO Biotech is operating at the current time. Most of IO Biotech's value examination focuses on studying past and present price action to predict the probability of IO Biotech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IO Biotech's price. Additionally, you may evaluate how the addition of IO Biotech to your portfolios can decrease your overall portfolio volatility.