Immersion Corp (NASDAQ: IMMR) has a price-to-earnings ratio of 4.20x that is above its average ratio. Additionally, the 36-month beta value for IMMR is 1.50. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 1 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for IMMR is 28.51M and currently, short sellers hold a 11.67% ratio of that float. The average trading volume of IMMR on January 20, 2025 was 822.09K shares.
IMMR) stock’s latest price update
Immersion Corp (NASDAQ: IMMR)’s stock price has increased by 0.94 compared to its previous closing price of 8.55. However, the company has seen a 3.98% increase in its stock price over the last five trading sessions. zacks.com reported 2025-01-16 that Immersion’s leadership in the haptic space provides a solid growth trajectory in the long term, making the stock worth holding at present.
IMMR’s Market Performance
Immersion Corp (IMMR) has experienced a 3.98% rise in stock performance for the past week, with a -8.72% drop in the past month, and a 4.00% rise in the past quarter. The volatility ratio for the week is 4.60%, and the volatility levels for the past 30 days are at 5.59% for IMMR. The simple moving average for the past 20 days is 0.44% for IMMR’s stock, with a -3.36% simple moving average for the past 200 days.
Analysts’ Opinion of IMMR
Many brokerage firms have already submitted their reports for IMMR stocks, with BWS Financial repeating the rating for IMMR by listing it as a “Buy.” The predicted price for IMMR in the upcoming period, according to BWS Financial is $11 based on the research report published on February 06, 2023 of the previous year 2023.
Colliers Securities gave a rating of “Buy” to IMMR, setting the target price at $15 in the report published on December 29th of the previous year.
IMMR Trading at 0.35% from the 50-Day Moving Average
After a stumble in the market that brought IMMR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -36.29% of loss for the given period.
Volatility was left at 5.59%, however, over the last 30 days, the volatility rate increased by 4.60%, as shares sank -11.85% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.35% upper at present.
During the last 5 trading sessions, IMMR rose by +3.98%, which changed the moving average for the period of 200-days by +18.71% in comparison to the 20-day moving average, which settled at $8.77. In addition, Immersion Corp saw 1.73% 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 IMMR starting from Singer Eric, who purchase 50,000 shares at the price of $8.77 back on Aug 27 ’24. After this action, Singer Eric now owns 1,912,867 shares of Immersion Corp, valued at $438,425 using the latest closing price.
Wasch Childress Frederick, the Director of Immersion Corp, purchase 1,155 shares at $8.68 during a trade that took place back on Aug 28 ’24, which means that Wasch Childress Frederick is holding 66,098 shares at $10,020 based on the most recent closing price.
Stock Fundamentals for IMMR
Current profitability levels for the company are sitting at:
- 0.14 for the present operating margin
- 0.34 for the gross margin
The net margin for Immersion Corp stands at 0.12. The total capital return value is set at 0.14. Equity return is now at value 33.11, with 9.53 for asset returns.
Based on Immersion Corp (IMMR), the company’s capital structure generated 0.4 points at debt to capital in total, while cash flow to debt ratio is standing at -0.13. The debt to equity ratio resting at 0.65. The interest coverage ratio of the stock is 16.94.
Currently, EBITDA for the company is 17.99 million with net debt to EBITDA at 0.93. When we switch over and look at the enterprise to sales, we see a ratio of 0.52. The receivables turnover for the company is 2.75for trailing twelve months and the total asset turnover is 0.58. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.65.
Conclusion
In conclusion, Immersion Corp (IMMR) has seen better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it 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.
