Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The price of Immatics N.V (NASDAQ: IMTX) closed at $6.88 in the last session, up 2.23% from day before closing price of $6.73. In other words, the price has increased by $2.23 from its previous closing price. On the day, 0.7 million shares were traded. IMTX stock price reached its highest trading level at $6.99 during the session, while it also had its lowest trading level at $6.68.
Ratios:
We take a closer look at IMTX’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 3.98 and its Current Ratio is at 3.98. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.03.
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, Piper Sandler on October 07, 2024, initiated with a Overweight rating and assigned the stock a target price of $19.
On March 31, 2023, Mizuho started tracking the stock assigning a Buy rating and target price of $12.Mizuho initiated its Buy rating on March 31, 2023, with a $12 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IMTX now has a Market Capitalization of 836264000 and an Enterprise Value of 665558208. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.53 while its Price-to-Book (P/B) ratio in mrq is 1.66. Its current Enterprise Value per Revenue stands at 9.391 whereas that against EBITDA is -6.992.
Stock Price History:
Over the past 52 weeks, IMTX has reached a high of $13.77, while it has fallen to a 52-week low of $6.72. The 50-Day Moving Average of the stock is -19.02%, while the 200-Day Moving Average is calculated to be -36.16%.
Shares Statistics:
According to the various share statistics, IMTX traded on average about 605.58K shares per day over the past 3-months and 512660 shares per day over the past 10 days. A total of 103.11M shares are outstanding, with a floating share count of 88.97M. Insiders hold about 25.46% of the company’s shares, while institutions hold 61.70% stake in the company. Shares short for IMTX as of 1730332800 were 6691597 with a Short Ratio of 13.53, compared to 1727654400 on 9518501. Therefore, it implies a Short% of Shares Outstanding of 6691597 and a Short% of Float of 6.84.