Balance Sheet Insights: Imunon Inc (IMNN)’s Debt-to-Equity and Long-Term Debt/Eq Ratios

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In the latest session, Imunon Inc (NASDAQ: IMNN) closed at $1.91 down -23.90% from its previous closing price of $2.51. In other words, the price has decreased by -$23.90 from its previous closing price. On the day, 8.43 million shares were traded.

Ratios:

For a deeper understanding of Imunon Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.88 and its Current Ratio is at 0.88. In the meantime, Its Debt-to-Equity ratio is 2.24 whereas as Long-Term Debt/Eq ratio is at 1.36.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 20 ’24 when Braun Donald P bought 25,000 shares for $1.18 per share. The transaction valued at 29,480 led to the insider holds 25,597 shares of the business.

Lindborg Stacy bought 25,000 shares of IMNN for $24,500 on Aug 15 ’24. The President and CEO now owns 264,166 shares after completing the transaction at $0.98 per share. On Aug 15 ’24, another insider, Tardugno Michael H, who serves as the Executive Chairman of Board of the company, bought 25,000 shares for $1.03 each. As a result, the insider paid 25,750 and bolstered with 353,346 shares of the company.

Stock Price History:

Over the past 52 weeks, IMNN has reached a high of $3.65, while it has fallen to a 52-week low of $0.37. The 50-Day Moving Average of the stock is 91.69%, while the 200-Day Moving Average is calculated to be 100.29%.

Shares Statistics:

A total of 17.54M shares are outstanding, with a floating share count of 16.68M. Insiders hold about 4.89% of the company’s shares, while institutions hold 9.08% stake in the company.

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