In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
As of close of business last night, Immuneering Corp’s stock clocked out at $2.36, up 0.85% from its previous closing price of $2.34. In other words, the price has increased by $0.85 from its previous closing price. On the day, 0.71 million shares were traded. IMRX stock price reached its highest trading level at $2.6 during the session, while it also had its lowest trading level at $2.36.
Ratios:
To gain a deeper understanding of IMRX’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 7.99 and its Current Ratio is at 7.99. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.07.
On March 15, 2024, Needham reiterated its Buy rating and also upped its target price recommendation from $20 to $15.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Apr 01 ’24 when Cormorant Asset Management, LP sold 400,000 shares for $2.90 per share. The transaction valued at 1,160,181 led to the insider holds 2,895,273 shares of the business.
Schall Thomas J. bought 2,900 shares of IMRX for $7,385 on Mar 22 ’24. The Director now owns 2,900 shares after completing the transaction at $2.55 per share. On Mar 22 ’24, another insider, Feinberg Peter, who serves as the Director of the company, bought 25,000 shares for $2.55 each. As a result, the insider paid 63,713 and bolstered with 111,766 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, IMRX now has a Market Capitalization of 73278944 and an Enterprise Value of 2111066.
Stock Price History:
Over the past 52 weeks, IMRX has reached a high of $7.68, while it has fallen to a 52-week low of $1.00. The 50-Day Moving Average of the stock is 16.60%, while the 200-Day Moving Average is calculated to be 34.18%.
Shares Statistics:
It appears that IMRX traded 994.78K shares on average per day over the past three months and 415920 shares per day over the past ten days. A total of 31.05M shares are outstanding, with a floating share count of 22.40M. Insiders hold about 27.87% of the company’s shares, while institutions hold 14.04% stake in the company. Shares short for IMRX as of 1730332800 were 2045626 with a Short Ratio of 2.30, compared to 1727654400 on 1633767. Therefore, it implies a Short% of Shares Outstanding of 2045626 and a Short% of Float of 9.2700005.
