Is Immersion Corp (IMMR) positioned for future growth?

With 0.54 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.56 million shares. During the session, the Software – Application company that operates in wider Technology sector, reached to the highest price of $7.68 whereas the lowest price it dropped to was $7.43. The 52-week range on IMMR shows that it touched its highest point at $9.25 and its lowest point at $5.94 during that stretch. It currently has a 1-year price target of $11.00. With its current market cap of 238.70 million, IMMR has annualized dividend of $0.14 while the current yield stands at 1.79%. Beta for the stock currently stands at 1.48.

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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 IMMR was down-trending over the past week, with a drop of -3.34%, but this was up by 11.56% over a month. Three-month performance surged to 4.87% while six-month performance rose 14.09%. The stock lost -7.61% in the past year, while it has gained 6.66% so far this year. EPS is expected to grow by 15.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -9.61%.

Float and Shares Shorts:

At present, 31.53 million IMMR shares are outstanding with a float of 29.11 million shares on hand for trading. On Mar 15, 2024, short shares totaled 1.23 million, which was 3.87% higher than short shares on Feb 15, 2024. In addition to IMMP as the firm’s Immutep Limited, IMMX serves as its Immix Biopharma, Inc.

Institutional Ownership:

Through their ownership of 66.36% of IMMR’s outstanding shares, institutional investors have majority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for IMMR 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.

Dividends & Yield:

In terms of dividends, IMMR has a current ratio of $0.18, which is $0.18 over the trailing 12-months, while a dividend of $– is likely to be paid on average over the next five years. Dividend yield is another indicator that appeals to many investors, and IMMR currently yields $1.79. In the past year, IMMR’s dividend yield has been $1.79, but when looking at the stock over the past five years, its yield has been $–. Accordingly, IMMR has a current buyback yield of $3.46. This was $3.46 for the TTM, and it was $– for the past five years.