The stock of Imperial Petroleum Inc (IMPP) has seen a -4.44% decrease in the past week, with a 10.61% gain in the past month, and a 8.18% flourish in the past quarter. The volatility ratio for the week is 8.48%, and the volatility levels for the past 30 days are at 6.81% for IMPP. The simple moving average for the last 20 days is 3.18% for IMPP stock, with a simple moving average of 43.43% for the last 200 days.
Is It Worth Investing in Imperial Petroleum Inc (NASDAQ: IMPP) Right Now?
The price-to-earnings ratio for Imperial Petroleum Inc (NASDAQ: IMPP) is above average at 0.09x, Company’s 36-month beta value is 1.13.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for IMPP is 5.53M, and currently, short sellers hold a 67.84% ratio of that floaft. The average trading volume of IMPP on April 19, 2024 was 571.91K shares.
IMPP) stock’s latest price update
The stock of Imperial Petroleum Inc (NASDAQ: IMPP) has increased by 7.50 when compared to last closing price of 3.20. Despite this, the company has experienced a -4.44% fall in its stock price over the last five trading sessions. MarketBeat reported 2024-04-15 that WTI Crude Oil has continued its rise as tensions escalate in the Middle East due to ongoing developments and significant uncertainties. Year-to-date, Crude Oil futures have risen over 20%, climbing from almost $70 to just over $85 at Friday’s close.
IMPP Trading at 7.90% from the 50-Day Moving Average
After a stumble in the market that brought IMPP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -23.98% of loss for the given period.
Volatility was left at 6.81%, however, over the last 30 days, the volatility rate increased by 8.48%, as shares surge +6.53% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.40% upper at present.
During the last 5 trading sessions, IMPP fell by -7.08%, which changed the moving average for the period of 200-days by +1.67% in comparison to the 20-day moving average, which settled at $3.34. In addition, Imperial Petroleum Inc saw 30.30% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for IMPP
Current profitability levels for the company are sitting at:
- 0.36 for the present operating margin
- 0.4 for the gross margin
The net margin for Imperial Petroleum Inc stands at 0.39. The total capital return value is set at 0.18. Equity return is now at value 22.09, with 19.16 for asset returns.
Currently, EBITDA for the company is 82.46 million with net debt to EBITDA at -1.06. When we switch over and look at the enterprise to sales, we see a ratio of 0.04. The receivables turnover for the company is 3.57for trailing twelve months and the total asset turnover is 0.49. The liquidity ratio also appears to be rather interesting for investors as it stands at 12.59.
Conclusion
In a nutshell, Imperial Petroleum Inc (IMPP) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
