IBio (IBIO) Trading With Heavy Volume Before Market Open

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Trade-Ideas LLC identified iBio ( IBIO) as a pre-market mover with heavy volume candidate. In addition to specific proprietary factors, Trade-Ideas identified iBio as such a stock due to the following factors:

  • IBIO has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $15.5 million.
  • IBIO traded 760,510 shares today in the pre-market hours as of 8:39 AM, representing 10.1% of its average daily volume.

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More details on IBIO:

iBio, Inc., a biotechnology company, focuses on the commercialization of its proprietary plant-based protein expression technologies in the United States and internationally.

The average volume for iBio has been 357,400 shares per day over the past 30 days. iBio has a market cap of $36.8 million and is part of the health care sector and drugs industry. The stock has a beta of 0.90 and a short float of 0.2% with 0.01 days to cover.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

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