In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.
After finishing at $25.76 in the prior trading day, Immunovant Inc (NASDAQ: IMVT) closed at $26.08, up 1.24%. In other words, the price has increased by $1.24 from its previous closing price. On the day, 0.91 million shares were traded. IMVT stock price reached its highest trading level at $26.24 during the session, while it also had its lowest trading level at $25.4434.
Ratios:
Our goal is to gain a better understanding of IMVT by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 7.61 and its Current Ratio is at 7.61. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
On October 09, 2024, Oppenheimer reiterated its Outperform rating and also lowered its target price recommendation from $47 to $53.
On March 28, 2024, Oppenheimer started tracking the stock assigning a Outperform rating and target price of $50.Oppenheimer initiated its Outperform rating on March 28, 2024, with a $50 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 02 ’24 when Pande Atul sold 7,750 shares for $28.54 per share. The transaction valued at 221,185 led to the insider holds 86,663 shares of the business.
Hughes Douglas J. sold 5,425 shares of IMVT for $154,830 on Dec 02 ’24. The Director now owns 119,585 shares after completing the transaction at $28.54 per share. On Dec 02 ’24, another insider, DOUGLAS J. HUGHES, who serves as the Officer of the company, bought 5,425 shares for $28.20 each.
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 3828152576 and an Enterprise Value of 3322956800.
Stock Price History:
Over the past 52 weeks, IMVT has reached a high of $45.58, while it has fallen to a 52-week low of $24.61. The 50-Day Moving Average of the stock is -8.16%, while the 200-Day Moving Average is calculated to be -10.17%.
Shares Statistics:
The stock has traded on average 844.91K shares per day over the past 3-months and 1183640 shares per day over the last 10 days, according to various share statistics. A total of 146.57M shares are outstanding, with a floating share count of 62.27M. Insiders hold about 57.58% of the company’s shares, while institutions hold 53.54% stake in the company. Shares short for IMVT as of 1732838400 were 12665555 with a Short Ratio of 14.95, compared to 1730332800 on 13101374. Therefore, it implies a Short% of Shares Outstanding of 12665555 and a Short% of Float of 19.66.
