Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
After finishing at $0.65 in the prior trading day, Imunon Inc (NASDAQ: IMNN) closed at $0.61, down -6.91%. In other words, the price has decreased by -$6.91 from its previous closing price. On the day, 0.95 million shares were traded. IMNN stock price reached its highest trading level at $0.6699 during the session, while it also had its lowest trading level at $0.6.
Ratios:
Our goal is to gain a better understanding of IMNN by taking a closer look at its different ratios. 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:
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 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.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IMNN now has a Market Capitalization of 12295329 and an Enterprise Value of 9832879.
Stock Price History:
The Beta on a monthly basis for IMNN is 2.19, which has changed by -0.5763889 over the last 52 weeks, in comparison to a change of 0.1116153 over the same period for the S&P500. Over the past 52 weeks, IMNN has reached a high of $3.65, while it has fallen to a 52-week low of $0.37. The 50-Day Moving Average of the stock is -42.69%, while the 200-Day Moving Average is calculated to be -35.87%.
Shares Statistics:
The stock has traded on average 11.52M shares per day over the past 3-months and 904230 shares per day over the last 10 days, according to various share statistics. A total of 20.32M shares are outstanding, with a floating share count of 17.77M. Insiders hold about 12.56% of the company’s shares, while institutions hold 7.94% stake in the company. Shares short for IMNN as of 1749772800 were 3959288 with a Short Ratio of 0.09, compared to 1747267200 on 1146654. Therefore, it implies a Short% of Shares Outstanding of 3959288 and a Short% of Float of 19.72.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
Investors are eagerly awaiting the insights provided by 4.0 analysts currently analyzing and rating the stock of Imunon Inc (IMNN).The consensus estimate for the next quarter is -$0.2, with high estimates of -$0.13 and low estimates of -$0.32.
Analysts are recommending an EPS of between -$0.74 and -$1.14 for the fiscal current year, implying an average EPS of -$0.91. EPS for the following year is -$0.61, with 3.0 analysts recommending between -$0.36 and -$1.1.
