iBio, Inc. (NYSEMKT:IBIO – Get Free Report) shares were down 2.9% during trading on Thursday . The company traded as low as $4.39 and last traded at $4.39. Approximately 321,644 shares changed hands during trading, an increase of 184% from the average daily volume of 113,212 shares. The stock had previously closed at $4.52.
iBio Stock Up 1.5 %
The company has a debt-to-equity ratio of 0.04, a current ratio of 0.91 and a quick ratio of 0.91. The company has a 50 day moving average of $3.92 and a 200 day moving average of $2.95.
About iBio
iBio, Inc, a preclinical stage biotechnology company, engages in the development of artificial intelligence (AI) antibodies solutions for cancer, and other diseases. The company’s technology platforms include EngageTx that provides improved CD3 T-cell engager antibody panel; ShieldTx, an antibody masking technology that enables the creation of conditionally activated antibodies; StableHu, an AI antibody-optimizing technology; and AI epitope steering technology that guides antibodies against the desired regions of the target protein.
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