IMNN has 36-month beta value of 2.16. Analysts have mixed views on the stock, with 3 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for IMNN is 13.69M, and currently, short sellers hold a 2.47% ratio of that float. The average trading volume of IMNN on November 08, 2024 was 342.36K shares.
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IMNN) stock’s latest price update
The stock price of Imunon Inc (NASDAQ: IMNN) has plunged by -12.34 when compared to previous closing price of 0.94, but the company has seen a -11.67% decline in its stock price over the last five trading sessions. seekingalpha.com reported 2024-11-07 that Imunon, Inc. (NASDAQ:IMNN ) Q3 2024 Earnings Conference Call November 7, 2024 11:00 AM ET Company Participants Kim Golodetz – Alliance Advisors IR Stacy Lindborg – President & Chief Executive Officer David Gaiero – Interim Chief Financial Officer Michael Tardugno – Executive Chairman Conference Call Participants David Bautz – Zacks Kemp Dolliver – Brookline Capital Markets James Molloy – Alliance Global Partners Operator Hello everyone. Good morning.
IMNN’s Market Performance
IMNN’s stock has fallen by -11.67% in the past week, with a monthly drop of -19.06% and a quarterly drop of -24.63%. The volatility ratio for the week is 12.17% while the volatility levels for the last 30 days are 6.14% for Imunon Inc The simple moving average for the past 20 days is -14.64% for IMNN’s stock, with a -26.78% simple moving average for the past 200 days.
IMNN Trading at -19.42% from the 50-Day Moving Average
After a stumble in the market that brought IMNN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -77.49% of loss for the given period.
Volatility was left at 6.14%, however, over the last 30 days, the volatility rate increased by 12.17%, as shares sank -18.66% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -27.94% lower at present.
During the last 5 trading sessions, IMNN fell by -11.67%, which changed the moving average for the period of 200-days by +51.48% in comparison to the 20-day moving average, which settled at $0.9624. In addition, Imunon Inc saw 20.81% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at IMNN starting from Lindborg Stacy, who purchase 25,000 shares at the price of $0.98 back on Aug 15 ’24. After this action, Lindborg Stacy now owns 264,166 shares of Imunon Inc, valued at $24,500 using the latest closing price.
Tardugno Michael H, the Executive Chairman of Board of Imunon Inc, purchase 25,000 shares at $1.03 during a trade that took place back on Aug 15 ’24, which means that Tardugno Michael H is holding 353,346 shares at $25,750 based on the most recent closing price.
Stock Fundamentals for IMNN
Current profitability levels for the company are sitting at:
- -2.82 for the present operating margin
- 0.9 for the gross margin
The net margin for Imunon Inc stands at -2.56. The total capital return value is set at -4.31. Equity return is now at value -143.19, with -94.15 for asset returns.
Based on Imunon Inc (IMNN), the company’s capital structure generated 0.27 points at debt to capital in total, while cash flow to debt ratio is standing at -13.41. The debt to equity ratio resting at 0.37. The interest coverage ratio of the stock is 0.1.
Currently, EBITDA for the company is -20.78 million with net debt to EBITDA at 0.21. When we switch over and look at the enterprise to sales, we see a ratio of 1.12. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.51.
Conclusion
To put it simply, Imunon Inc (IMNN) has had a bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. 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.
