Stock Market Recap: Imperial Petroleum Inc (IMPP) Concludes at 3.72, a -1.06 Surge/Decline

Abby Carey

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After finishing at $3.76 in the prior trading day, Imperial Petroleum Inc (NASDAQ: IMPP) closed at $3.72, down -1.06%. In other words, the price has decreased by -$1.06 from its previous closing price. On the day, 0.69 million shares were traded. IMPP stock price reached its highest trading level at $3.79 during the session, while it also had its lowest trading level at $3.6227.

Ratios:

Our goal is to gain a better understanding of IMPP by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.67 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.48. For the most recent quarter (mrq), Quick Ratio is recorded 6.55 and its Current Ratio is at 6.94. 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 134756384 and an Enterprise Value of 25938830. As of this moment, Imperial’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.47, and their Forward P/E ratio for the next fiscal year is 1.84. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.22 while its Price-to-Book (P/B) ratio in mrq is 0.29. Its current Enterprise Value per Revenue stands at 0.191 whereas that against EBITDA is 0.488.

Stock Price History:

The Beta on a monthly basis for IMPP is 1.25, which has changed by 0.21172643 over the last 52 weeks, in comparison to a change of 0.17318606 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 -26.23%, while the 200-Day Moving Average is calculated to be 1.62%.

Shares Statistics:

The stock has traded on average 746.37K shares per day over the past 3-months and 770830 shares per day over the last 10 days, according to various share statistics. A total of 44.65M shares are outstanding, with a floating share count of 27.65M. Insiders hold about 38.07% of the company’s shares, while institutions hold 16.13% stake in the company. Shares short for IMPP as of 1765756800 were 3317395 with a Short Ratio of 4.44, compared to 1763078400 on 3068693. Therefore, it implies a Short% of Shares Outstanding of 3317395 and a Short% of Float of 19.610001.

Earnings Estimates

The company has 1.0 analysts who recommend its stock at the moment. The consensus estimate for the next quarter is $0.35, with high estimates of $0.35 and low estimates of $0.35.

Analysts are recommending an EPS of between $1.29 and $1.29 for the fiscal current year, implying an average EPS of $1.29. EPS for the following year is $2.02, with 1.0 analysts recommending between $2.02 and $2.02.

Revenue Estimates

1 analysts predict $45.6M in revenue for. The current quarter. It ranges from a high estimate of $45.6M to a low estimate of $45.6M. As of. The current estimate, Imperial Petroleum Inc’s year-ago sales were $26.21MFor the next quarter, 1 analysts are estimating revenue of $49.2M. There is a high estimate of $49.2M for the next quarter, whereas the lowest estimate is $49.2M.

A total of 1 analysts have provided revenue estimates for IMPP’s current fiscal year. The highest revenue estimate was $155.5M, while the lowest revenue estimate was $155.5M, resulting in an average revenue estimate of $155.5M. In the same quarter a year ago, actual revenue was $147.48MBased on 1 analysts’ estimates, the company’s revenue will be $237.3M in the next fiscal year. The high estimate is $237.3M and the low estimate is $237.3M.

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