For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
After finishing at $1.40 in the prior trading day, Imunon Inc (NASDAQ: IMNN) closed at $1.46, up 4.29%. In other words, the price has increased by $4.29 from its previous closing price. On the day, 4.57 million shares were traded.
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.
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 $0.37. The 50-Day Moving Average of the stock is 42.37%, while the 200-Day Moving Average is calculated to be 52.14%.
Shares Statistics:
A total of 17.54M shares are outstanding, with a floating share count of 15.34M. Insiders hold about 12.55% of the company’s shares, while institutions hold 9.08% stake in the company.
