In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The closing price of Immersion Corp (NASDAQ: IMMR) was $7.62 for the day, up 0.59% from the previous closing price of $7.58. In other words, the price has increased by $0.59 from its previous closing price. On the day, 0.5 million shares were traded. IMMR stock price reached its highest trading level at $7.63 during the session, while it also had its lowest trading level at $7.45.
Ratios:
Our analysis of IMMR’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.04 and its Current Ratio is at 1.72. In the meantime, Its Debt-to-Equity ratio is 1.01 whereas as Long-Term Debt/Eq ratio is at 0.78.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, BWS Financial on February 06, 2023, initiated with a Buy rating and assigned the stock a target price of $11.
Colliers Securities reiterated its Buy rating for the stock on December 29, 2020, while the target price for the stock was revised from $13 to $15.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Mar 13 ’25 when TORO 18 HOLDINGS LLC bought 142,898 shares for $8.60 per share. The transaction valued at 1,229,051 led to the insider holds 11,208,746 shares of the business.
TORO 18 HOLDINGS LLC bought 59,146 shares of IMMR for $502,309 on Mar 12 ’25. The Director now owns 11,065,848 shares after completing the transaction at $8.49 per share. On Aug 27 ’24, another insider, Singer Eric, who serves as the President and CEO of the company, bought 50,000 shares for $8.77 each. As a result, the insider paid 438,425 and bolstered with 1,912,867 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IMMR now has a Market Capitalization of 247022544 and an Enterprise Value of 662380800. As of this moment, Immersion’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.71. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.51 while its Price-to-Book (P/B) ratio in mrq is 0.77. Its current Enterprise Value per Revenue stands at 4.06 whereas that against EBITDA is 11.502.
Stock Price History:
The Beta on a monthly basis for IMMR is 1.50, which has changed by -0.018018007 over the last 52 weeks, in comparison to a change of 0.08275449 over the same period for the S&P500. Over the past 52 weeks, IMMR has reached a high of $13.55, while it has fallen to a 52-week low of $6.86. The 50-Day Moving Average of the stock is -7.42%, while the 200-Day Moving Average is calculated to be -15.36%.
Shares Statistics:
IMMR traded an average of 583.59K shares per day over the past three months and 497260 shares per day over the past ten days. A total of 32.40M shares are outstanding, with a floating share count of 28.62M. Insiders hold about 11.66% of the company’s shares, while institutions hold 55.18% stake in the company. Shares short for IMMR as of 1740700800 were 2801808 with a Short Ratio of 4.80, compared to 1738281600 on 3191122. Therefore, it implies a Short% of Shares Outstanding of 2801808 and a Short% of Float of 10.31.
