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 price of Imunon Inc (NASDAQ: IMNN) closed at $0.80 in the last session, down -1.95% from day before closing price of $0.82. In other words, the price has decreased by -$1.95 from its previous closing price. On the day, 1.62 million shares were traded.
Ratios:
We take a closer look at IMNN’s different ratios to gain a better understanding of the stock. 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:
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 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 $0.64. The 50-Day Moving Average of the stock is -11.33%, while the 200-Day Moving Average is calculated to be -16.55%.
Shares Statistics:
A total of 14.62M shares are outstanding, with a floating share count of 13.91M. Insiders hold about 4.89% of the company’s shares, while institutions hold 11.45% stake in the company.
