Closing Figures Unveiled: Imperial Petroleum Inc (IMPP) Drop -2.35, Closes at $4.58

Kiel Thompson

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Imperial Petroleum Inc (NASDAQ: IMPP) closed the day trading at $4.58 down -2.35% from the previous closing price of $4.69. In other words, the price has decreased by -$2.35 from its previous closing price. On the day, 2.2 million shares were traded. IMPP stock price reached its highest trading level at $4.79 during the session, while it also had its lowest trading level at $4.47.

Ratios:

For a better understanding of IMPP, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.75 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.00. 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 165909744 and an Enterprise Value of -54531752. As of this moment, Imperial’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.26, and their Forward P/E ratio for the next fiscal year is 1.95. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.25 while its Price-to-Book (P/B) ratio in mrq is 0.35. Its current Enterprise Value per Revenue stands at -0.427 whereas that against EBITDA is -1.222.

Stock Price History:

The Beta on a monthly basis for IMPP is 1.26, which has changed by 0.5685619 over the last 52 weeks, in comparison to a change of 0.12607694 over the same period for the S&P500. Over the past 52 weeks, IMPP has reached a high of $6.57, while it has fallen to a 52-week low of $2.12. The 50-Day Moving Average of the stock is -12.78%, while the 200-Day Moving Average is calculated to be 30.30%.

Shares Statistics:

Over the past 3-months, IMPP traded about 616.84K shares per day on average, while over the past 10 days, IMPP traded about 1045190 shares per day. A total of 34.42M shares are outstanding, with a floating share count of 21.92M. Insiders hold about 37.08% of the company’s shares, while institutions hold 20.69% stake in the company. Shares short for IMPP as of 1763078400 were 3068693 with a Short Ratio of 4.97, compared to 1760486400 on 2876024. Therefore, it implies a Short% of Shares Outstanding of 3068693 and a Short% of Float of 19.75.

Earnings Estimates

A detailed examination of Imperial Petroleum Inc (IMPP) is currently in progress, with 1.0 analysts providing valuable insights into its market dynamics.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.

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