Stock Performance Spotlight: Immersion Corp (IMMR) Ends the Day at 13.27, Up by 3.51

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As of close of business last night, Immersion Corp’s stock clocked out at $13.27, up 3.51% from its previous closing price of $12.82. In other words, the price has increased by $3.51 from its previous closing price. On the day, 1.23 million shares were traded. IMMR stock price reached its highest trading level at $13.59 during the session, while it also had its lowest trading level at $12.82.

Ratios:

To gain a deeper understanding of IMMR’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.36 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.00. For the most recent quarter (mrq), Quick Ratio is recorded 6.44 and its Current Ratio is at 6.44. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

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:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jun 13 ’24 when DODSON J MICHAEL sold 4,947 shares for $10.68 per share. The transaction valued at 52,834 led to the insider holds 45,053 shares of the business.

Nader Elias sold 13,000 shares of IMMR for $106,863 on Mar 13 ’24. The Director now owns 29,266 shares after completing the transaction at $8.22 per share. On Dec 06 ’23, another insider, TORO 18 HOLDINGS LLC, who serves as the 10% Owner of the company, bought 11,281 shares for $7.60 each. As a result, the insider paid 85,736 and bolstered with 1,544,147 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 422713216 and an Enterprise Value of 243606688. As of this moment, Immersion’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.62, and their Forward P/E ratio for the next fiscal year is 15.25. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.64. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.98 while its Price-to-Book (P/B) ratio in mrq is 3.16. Its current Enterprise Value per Revenue stands at 3.446 whereas that against EBITDA is 7.772.

Stock Price History:

The Beta on a monthly basis for IMMR is 1.51, which has changed by 0.92040527 over the last 52 weeks, in comparison to a change of 0.21656322 over the same period for the S&P500. Over the past 52 weeks, IMMR has reached a high of $13.31, while it has fallen to a 52-week low of $5.94. The 50-Day Moving Average of the stock is 31.44%, while the 200-Day Moving Average is calculated to be 71.50%.

Shares Statistics:

It appears that IMMR traded 637.83K shares on average per day over the past three months and 1050140 shares per day over the past ten days. A total of 31.53M shares are outstanding, with a floating share count of 28.45M. Insiders hold about 10.70% of the company’s shares, while institutions hold 56.48% stake in the company. Shares short for IMMR as of 1719532800 were 1822433 with a Short Ratio of 2.86, compared to 1717113600 on 988906. Therefore, it implies a Short% of Shares Outstanding of 1822433 and a Short% of Float of 6.81.

Dividends & Splits

With its trailing 12-month dividend rate of 0.15, IMMR has a forward annual dividend rate of 0.17. Against a Trailing Annual Dividend Yield of 0.011700469

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