iBio (NYSEMKT:IBIO) Trading Up 1.7% – Here’s What Happened

iBio, Inc. (NYSEMKT:IBIOGet Free Report)’s stock price shot up 1.7% during trading on Monday . The stock traded as high as $2.39 and last traded at $2.35. 40,857 shares traded hands during trading, a decline of 64% from the average session volume of 113,212 shares. The stock had previously closed at $2.31.

iBio Stock Up 1.7 %

The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.91 and a current ratio of 0.91. The company has a 50 day simple moving average of $2.63 and a 200 day simple moving average of $2.27.

About iBio

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for iBio Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iBio and related companies with MarketBeat.com's FREE daily email newsletter.