Immersion Corp (IMMR) concluded trading on Wednesday at a closing price of $9.90, with 3.52 million shares of worth about $34.88 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 43.90% during that period and on August 21, 2024 the price saw a loss of about -0.30%. Currently the company’s common shares owned by public are about 31.53M shares, out of which, 28.57M shares are available for trading.
Stock saw a price change of -2.65% in past 5 days and over the past one month there was a price change of -25.40%. Year-to-date (YTD), IMMR shares are showing a performance of 40.23% which increased to 39.63% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $5.94 but also hit the highest price of $13.94 during that period. The average intraday trading volume for Immersion Corp shares is 765.17K. The stock is currently trading -12.27% below its 20-day simple moving average (SMA20), while that difference is down -9.03% for SMA50 and it goes to 20.18% higher than SMA200.
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Immersion Corp (NASDAQ: IMMR) currently have 31.53M outstanding shares and institutions hold larger chunk of about 60.48% of that.
The stock has a current market capitalization of $318.58M and its 3Y-monthly beta is at 1.50. PE ratio of stock for trailing 12 months is 4.82, while it has posted earnings per share of $2.05 in the same period. Its PEG reads 0.32 and has Quick Ratio of 0.72 while making debt-to-equity ratio of 1.71. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for IMMR, volatility over the week remained 7.95% while standing at 6.38% over the month.
Stock’s fiscal year EPS is expected to rise by 30.17%. EPS is likely to grow at an annualized rate of 15.00% for next 5-years, compared to annual growth of -9.61% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by BWS Financial on February 06, 2023 offering a Buy rating for the stock and assigned a target price of $11 to it. On December 29, 2020, Colliers Securities Reiterated their recommendations, while on September 02, 2020, Craig Hallum Reiterated their ratings for the stock with a price target of $12. Stock get a Buy rating from Craig Hallum on March 06, 2020.
