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The price of Immersion Corp (NASDAQ: IMMR) closed at $9.28 in the last session, up 3.80% from day before closing price of $8.94. In other words, the price has increased by $3.80 from its previous closing price. On the day, 0.73 million shares were traded. IMMR stock price reached its highest trading level at $9.33 during the session, while it also had its lowest trading level at $8.99.
Ratios:
We take a closer look at IMMR’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.72 and its Current Ratio is at 1.55. In the meantime, Its Debt-to-Equity ratio is 1.71 whereas as Long-Term Debt/Eq ratio is at 1.28.
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:
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 27 ’24 when Singer Eric bought 50,000 shares for $8.77 per share. The transaction valued at 438,425 led to the insider holds 1,912,867 shares of the business.
Wasch Childress Frederick bought 1,155 shares of IMMR for $10,020 on Aug 28 ’24. The Director now owns 66,098 shares after completing the transaction at $8.68 per share. On Aug 27 ’24, another insider, MARTIN WILLIAM C, who serves as the Chief Strategy Officer of the company, bought 15,000 shares for $8.81 each. As a result, the insider paid 132,124 and bolstered with 1,364,265 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 298652672 and an Enterprise Value of 755164608. As of this moment, Immersion’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.52, and their Forward P/E ratio for the next fiscal year is 14.50. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.30. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.83 while its Price-to-Book (P/B) ratio in mrq is 1.29. Its current Enterprise Value per Revenue stands at 4.629 whereas that against EBITDA is 13.113.
Stock Price History:
Over the past 52 weeks, IMMR has reached a high of $13.94, while it has fallen to a 52-week low of $5.94. The 50-Day Moving Average of the stock is -11.93%, while the 200-Day Moving Average is calculated to be 10.03%.
Shares Statistics:
According to the various share statistics, IMMR traded on average about 1.00M shares per day over the past 3-months and 1132910 shares per day over the past 10 days. A total of 31.53M shares are outstanding, with a floating share count of 28.54M. Insiders hold about 11.33% of the company’s shares, while institutions hold 60.83% stake in the company. Shares short for IMMR as of 1724976000 were 3079956 with a Short Ratio of 3.07, compared to 1722384000 on 2180393. Therefore, it implies a Short% of Shares Outstanding of 3079956 and a Short% of Float of 11.37.
Dividends & Splits
The forward annual dividend rate for IMMR is 0.17, which was 0.165 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.018456377
