Trading Day Triumph: Imunon Inc (IMNN) Ends at 0.82, a -12.34 Surge/Plunge

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Imunon Inc (NASDAQ: IMNN) closed the day trading at $0.82 down -12.34% from the previous closing price of $0.94. In other words, the price has decreased by -$12.34 from its previous closing price. On the day, 0.76 million shares were traded. IMNN stock price reached its highest trading level at $1.08 during the session, while it also had its lowest trading level at $0.7701.

Ratios:

For a better understanding of IMNN, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.51 and its Current Ratio is at 1.51. In the meantime, Its Debt-to-Equity ratio is 0.37 whereas as Long-Term Debt/Eq ratio is at 0.23.

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 15 ’24 when Lindborg Stacy bought 25,000 shares for $0.98 per share. The transaction valued at 24,500 led to the insider holds 264,166 shares of the business.

Tardugno Michael H bought 25,000 shares of IMNN for $25,750 on Aug 15 ’24. The Executive Chairman of Board now owns 353,346 shares after completing the transaction at $1.03 per share.

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 13495109 and an Enterprise Value of 9577638.

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 $0.48. The 50-Day Moving Average of the stock is -19.42%, while the 200-Day Moving Average is calculated to be -26.78%.

Shares Statistics:

Over the past 3-months, IMNN traded about 342.36K shares per day on average, while over the past 10 days, IMNN traded about 135530 shares per day. A total of 14.40M shares are outstanding, with a floating share count of 13.69M. Insiders hold about 4.93% of the company’s shares, while institutions hold 11.13% stake in the company. Shares short for IMNN as of 1728950400 were 337569 with a Short Ratio of 0.99, compared to 1726185600 on 473557. Therefore, it implies a Short% of Shares Outstanding of 337569 and a Short% of Float of 2.35.

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