Evaluating the Impact of -6.67 Increase on Immunic Inc’s (IMUX) Stock

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The stock of Immunic Inc (IMUX) has gone down by -11.95% for the week, with a -7.89% drop in the past month and a 1.45% rise in the past quarter. The volatility ratio for the week is 6.44%, and the volatility levels for the past 30 days are 8.56% for IMUX. The simple moving average for the past 20 days is -12.61% for IMUX’s stock, with a 4.82% simple moving average for the past 200 days.

Is It Worth Investing in Immunic Inc (NASDAQ: IMUX) Right Now?

Moreover, the 36-month beta value for IMUX is 1.85. Analysts have varying opinions on the stock, with 2 analysts rating it as a “buy,” 1 as “overweight,” 1 as “hold,” and 0 as “sell.”

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The public float for IMUX is 87.44M and currently, short sellers hold a 3.07% of that float. On October 11, 2024, IMUX’s average trading volume was 390.18K shares.

IMUX) stock’s latest price update

Immunic Inc (NASDAQ: IMUX) has experienced a decline in its stock price by -6.67 compared to its previous closing price of 1.50. However, the company has seen a fall of -11.95% in its stock price over the last five trading days. proactiveinvestors.com reported 2024-09-18 that Immunic Inc (NASDAQ:IMUX) announced that it is presenting key data for its lead asset vidofludimus calcium at the 40th Congress of the European Committee for Treatment and Research in Multiple Sclerosis (ECTRIMS), which has highlighted its therapeutic potential in multiple sclerosis (MS). Vidofludimus calcium consistently reduced neurofilament light chain (NfL) levels in the Phase 2 CALLIPER trial, suggesting it may slow disease progression across all progressive MS subtypes, the company reported.

Analysts’ Opinion of IMUX

Many brokerage firms have already submitted their reports for IMUX stocks, with Leerink Partners repeating the rating for IMUX by listing it as a “Outperform.” The predicted price for IMUX in the upcoming period, according to Leerink Partners is $5 based on the research report published on September 09, 2024 of the current year 2024.

B. Riley Securities, on the other hand, stated in their research note that they expect to see IMUX reach a price target of $6. The rating they have provided for IMUX stocks is “Buy” according to the report published on August 27th, 2024.

SVB Leerink gave a rating of “Mkt Perform” to IMUX, setting the target price at $5 in the report published on October 21st of the previous year.

IMUX Trading at -5.48% from the 50-Day Moving Average

After a stumble in the market that brought IMUX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -33.65% of loss for the given period.

Volatility was left at 8.56%, however, over the last 30 days, the volatility rate increased by 6.44%, as shares sank -6.04% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.10% lower at present.

During the last 5 trading sessions, IMUX fell by -11.95%, which changed the moving average for the period of 200-days by -2.78% in comparison to the 20-day moving average, which settled at $1.6020. In addition, Immunic Inc saw -6.67% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for IMUX

The total capital return value is set at -1.47. Equity return is now at value -143.47, with -108.78 for asset returns.

Based on Immunic Inc (IMUX), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at -75.75. The debt to equity ratio resting at 0.02. The interest coverage ratio of the stock is -46.57.

Currently, EBITDA for the company is -99.11 million with net debt to EBITDA at 0.84. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.75.

Conclusion

To wrap up, the performance of Immunic Inc (IMUX) has been mixed in recent times. The stock has received a bullish of “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.

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