Erratic Trading Showing Unusual Volume in Shares of iBio, Inc. (:IBIO)

Shares of iBio, Inc. (:IBIO) are experiencing unusual volume during today’s trading.  While the stock price moved along with the volume change, shares are touching $0.30 at the time of writing.  The day’s total volume of 2057766 this morning is in contrast from the three-month daily average of 298.42K.  When we divide the current volume by the three-month average volume, we get a relative volume of 6.90.

iBio, Inc. (:IBIO)‘s market cap, the total dollar value of all of their outstanding shares, is 28.82m.  Including today’s unusual volume, iBio, Inc.‘s stock is performing at -23.75% on the year.  For the week, the stock is performing 3.86%.  Over the past month the firm’s stock is -2.78%, -16.33% for the last quarter, -32.31% for the past six-months and -47.07% for the last year.

Current levels places iBio, Inc. (:IBIO)’s stock about -44.94% from the 50-day high and 15.85% away from the 50-day low. 

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