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The price of Immunovant Inc (NASDAQ: IMVT) closed at $19.52 in the last session, down -4.36% from day before closing price of $20.41. In other words, the price has decreased by -$4.36 from its previous closing price. On the day, 2.69 million shares were traded. IMVT stock price reached its highest trading level at $21.06 during the session, while it also had its lowest trading level at $19.09.
Ratios:
We take a closer look at IMVT’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 6.04 and its Current Ratio is at 6.04. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Oppenheimer reiterated its Outperform rating for the stock on October 09, 2024, while the target price for the stock was revised from $47 to $53.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jan 22 ’25 when Stout Jay S sold 2,195 shares for $23.59 per share. The transaction valued at 51,780 led to the insider holds 139,991 shares of the business.
Geffner Michael sold 2,657 shares of IMVT for $62,679 on Jan 22 ’25. The Chief Medical Officer now owns 132,314 shares after completing the transaction at $23.59 per share. On Jan 15 ’25, another insider, Macias William L., who serves as the Chief Medical Officer of the company, sold 2,383 shares for $23.83 each. As a result, the insider received 56,782 and left with 359,408 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, IMVT now has a Market Capitalization of 3315686656 and an Enterprise Value of 2831228160.
Stock Price History:
The Beta on a monthly basis for IMVT is 0.67, which has changed by -0.44718307 over the last 52 weeks, in comparison to a change of 0.21659255 over the same period for the S&P500. Over the past 52 weeks, IMVT has reached a high of $39.55, while it has fallen to a 52-week low of $19.86. The 50-Day Moving Average of the stock is -21.48%, while the 200-Day Moving Average is calculated to be -29.97%.
Shares Statistics:
According to the various share statistics, IMVT traded on average about 1.09M shares per day over the past 3-months and 1576320 shares per day over the past 10 days. A total of 147.20M shares are outstanding, with a floating share count of 68.45M. Insiders hold about 59.70% of the company’s shares, while institutions hold 46.04% stake in the company. Shares short for IMVT as of 1736899200 were 12832296 with a Short Ratio of 11.74, compared to 1734048000 on 12631893. Therefore, it implies a Short% of Shares Outstanding of 12832296 and a Short% of Float of 14.760000000000002.
