Upward Trajectory: Imperial Petroleum Inc (IMPP) Posts a Gaine%, Closing at $4.08

Kevin Freeman

The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.

The closing price of Imperial Petroleum Inc (NASDAQ: IMPP) was $4.08 for the day, up 2.00% from the previous closing price of $4.0. In other words, the price has increased by $2.00 from its previous closing price. On the day, 0.83 million shares were traded. IMPP stock price reached its highest trading level at $4.155 during the session, while it also had its lowest trading level at $3.9001.

Ratios:

Our analysis of IMPP’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.56 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1.59. For the most recent quarter (mrq), Quick Ratio is recorded 1.51 and its Current Ratio is at 1.55. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IMPP now has a Market Capitalization of 142165968 and an Enterprise Value of -79072128. As of this moment, Imperial’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.40, and their Forward P/E ratio for the next fiscal year is 1.74. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.01 while its Price-to-Book (P/B) ratio in mrq is 0.27. Its current Enterprise Value per Revenue stands at -0.619 whereas that against EBITDA is -1.772.

Stock Price History:

The Beta on a monthly basis for IMPP is 1.14, which has changed by -0.016867459 over the last 52 weeks, in comparison to a change of 0.17089343 over the same period for the S&P500. Over the past 52 weeks, IMPP has reached a high of $4.55, while it has fallen to a 52-week low of $2.12. The 50-Day Moving Average of the stock is 26.83%, while the 200-Day Moving Average is calculated to be 40.29%.

Shares Statistics:

IMPP traded an average of 251.50K shares per day over the past three months and 485740 shares per day over the past ten days. A total of 34.42M shares are outstanding, with a floating share count of 19.76M. Insiders hold about 42.60% of the company’s shares, while institutions hold 16.74% stake in the company. Shares short for IMPP as of 1756425600 were 2743784 with a Short Ratio of 10.91, compared to 1753920000 on 2593849. Therefore, it implies a Short% of Shares Outstanding of 2743784 and a Short% of Float of 17.66.

Earnings Estimates

The stock of Imperial Petroleum Inc (IMPP) is currently drawing attention from 1.0 analysts actively involved in the ongoing evaluation and rating process.The consensus estimate for the next quarter is $0.37, with high estimates of $0.37 and low estimates of $0.37.

Analysts are recommending an EPS of between $1.11 and $1.11 for the fiscal current year, implying an average EPS of $1.11. EPS for the following year is $2.35, with 1.0 analysts recommending between $2.35 and $2.35.

Revenue Estimates

For the next quarter, 1 analysts are estimating revenue of $49M. There is a high estimate of $49M for the next quarter, whereas the lowest estimate is $49M.

A total of 1 analysts have provided revenue estimates for IMPP’s current fiscal year. The highest revenue estimate was $158.6M, while the lowest revenue estimate was $158.6M, resulting in an average revenue estimate of $158.6M. In the same quarter a year ago, actual revenue was $147.48MBased on 1 analysts’ estimates, the company’s revenue will be $240M in the next fiscal year. The high estimate is $240M and the low estimate is $240M.

Leave a Comment

DwinneX
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.