Immersion Corporation (NASDAQ: IMMR) open the trading on February 19, 2021, with a bit cautious approach as it glided -4.19% to $12.11. During the day, the stock rose to $13.155 and sunk to $12.11 before settling in for the price of $12.64 at the close. Taking a more long-term approach, IMMR posted a 52-week range of $4.23-$16.64.
The Technology Sector giants’ yearly sales growth during the last 5-year period was -7.40%. Meanwhile, its Annual Earning per share during the time was -45.40%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -136.70%. This publicly-traded company’s shares outstanding now amounts to $26.90 million, simultaneously with a float of $26.32 million. The organization now has a market capitalization sitting at $341.50 million. At the time of writing, stock’s 50-day Moving Average stood at $11.98, while the 200-day Moving Average is $8.42.
Let’s gauge the efficiency of the firm, which has a total of 56 employees. It has generated 642,018 per worker during the last fiscal year. Meanwhile, its income per employee was -357,929. The stock had 4.10 Receivables turnover and 0.27 Total Asset turnover. For the Profitability, stocks gross margin was +93.42, operating margin was -59.66 and Pretax Margin of -54.44.
Immersion Corporation (IMMR) Ownership Facts and Figures
Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Software – Application industry. Immersion Corporation’s current insider ownership accounts for 0.50%, in contrast to 72.70% institutional ownership. According to the most recent insider trade that took place on Feb 19, this organization’s Director sold 254,371 shares at the rate of 12.58, making the entire transaction reach 3,198,817 in total value, affecting insider ownership by 287,370. Preceding that transaction, on Feb 19, Company’s Director sold 170,899 for 12.72, making the whole transaction’s value amount to 2,172,981. This particular insider is now the holder of 2,222,089 in total.
Immersion Corporation (IMMR) Earnings and Revenue Records
So, what does the last quarter earnings report of the company that was made public on 9/29/2020 suggests? It has posted $0.15 earnings per share (EPS) beating the forecaster’s viewpoint (set at $0.09) by $0.06. This company achieved a net margin of -55.75 while generating a return on equity of -21.86. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.08 per share during the current fiscal year.
Immersion Corporation’s EPS decrease for this current 12-month fiscal period is -136.70% and is forecasted to reach 0.63 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 15.00% through the next 5 years, which can be compared against the -45.40% growth it accomplished over the previous five years trading on the market.
Immersion Corporation (NASDAQ: IMMR) Trading Performance Indicators
Let’s observe the current performance indicators for Immersion Corporation (IMMR). It’s Quick Ratio in the last reported quarter now stands at 7.90. The Stock has managed to achieve an average true range (ATR) of 1.10. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 11.02.
In the same vein, IMMR’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.05, a figure that is expected to reach 0.25 in the next quarter, and analysts are predicting that it will be 0.63 at the market close of one year from today.
Technical Analysis of Immersion Corporation (IMMR)
[Immersion Corporation, IMMR] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 8.85% While, its Average True Range was 1.13.
Raw Stochastic average of Immersion Corporation (IMMR) in the period of the previous 100 days is set at 57.02%, which indicates a major rise in contrast to 0.00% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 81.60% that was higher than 81.11% volatility it exhibited in the past 100-days period.