With 12.82 million shares changed hands, the volume of the stock remained heavier than its average volume of 9.91 million shares. The 52-week range on IOVA shows that it touched its highest point at $14.23 and its lowest point at $2.70 during that stretch. It currently has a 1-year price target of $20.36. Beta for the stock currently stands at 1.07.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of IOVA was down-trending over the past week, with a drop of -12.92%, but this was up by 3.33% over a month. Three-month performance dropped to -46.64% while six-month performance fell -70.31%. The stock lost -75.93% in the past year, while it has lost -58.11% so far this year. A look at the trailing 12-month EPS for IOVA yields -1.30 with Next year EPS estimates of -0.23. For the next quarter, that number is -0.24. This implies an EPS growth rate of 38.71% for this year and 70.83% for next year.
Float and Shares Shorts:
At present, 305.25 million IOVA shares are outstanding with a float of 270.44 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for IOVA since 8 analysts follow the stock currently. There are 6 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.89478 being high and -$1.38954 being low. For IOVA, this leads to a yearly average estimate of -$1.2948. Based on analyst estimates, the high estimate for the next quarter is -$0.17 and the low estimate is -$0.25. The average estimate for the next quarter is thus -$0.21.
