Imperial Petroleum Inc. (NASDAQ: IMPP) stock fell -10.20% on Friday to $0.44 against a previous-day closing price of $0.49. With 73.42 million shares changed hands, the volume of the stock remained heavier than its average volume of 43.82 million shares. During the session, the Oil & Gas E&P company that operates in wider Energy sector, reached to the highest price of $0.5900 whereas the lowest price it dropped to was $0.4260. The 52-week range on IMPP shows that it touched its highest point at $9.70 and its lowest point at $0.38 during that stretch.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of IMPP was up-trending over the past week, with a rise of 3.53%, but this was down by -15.38% over a month. Three-month performance dropped to -56.00% while six-month performance fell -67.65%.
Float and Shares Shorts:
At present, 142.84 million IMPP shares are outstanding with a float of 68.90 million shares on hand for trading. On Apr 28, 2022, short shares totaled 6.69 million, which was 9.57% higher than short shares on Mar 30, 2022. In addition to Mr. Harry N. Vafias as the firm’s CEO, Pres & Director, Ms. Ifigeneia Sakellari serves as its Interim Chief Financial Officer.
Institutional Ownership:
Through their ownership of 3.63% of IMPP’s outstanding shares, institutional investors have minority control over the company. Other institutions hold 1.24% of IMPP, in contrast to 0.03% held by mutual funds. Shares owned by individuals account for –. As the largest shareholder in IMPP with 0.31% of the stake, MSD Partners LP holds 439,581 shares worth 439,581. A second-largest stockholder of IMPP, Hudson Bay Capital Management LP, holds 382,100 shares, controlling over 0.27% of the firm’s shares. Ionic Capital Management LLC is the third largest shareholder in IMPP, holding 350,000 shares or 0.25% stake. With a 0.02% stake in IMPP, the Royce Micro Cap Trust is the largest stakeholder. A total of 28,708 shares are owned by the mutual fund manager. The Orobal Gestión, SICAV SA, which owns about 0.01% of IMPP stock, is the second-largest Mutual Fund holder. It holds 10,057 shares valued at 4224.0. Fidelity Nasdaq Composite Index F holds 0.01% of the stake in IMPP, owning 6,490 shares worth 2726.0.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for IMPP since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With IMPP analysts setting a high price target of – and a low target of –, the average target price over the next 12 months is –.
