A new trading day began on November 20, 2023, with Imperial Petroleum Inc (NASDAQ: IMPP) stock priced at $1.57, down -3.21% from the previous day of trading. During the day, the shares moved up to $1.61 and dropped to $1.50 before settling in for the closing price of $1.56. IMPP’s price has ranged from $1.18 to $5.73 over the past 52 weeks.
It was noted that within the last five years, the titan of the Energy sector saw sales topped by 165.54%. With a float of $7.53 million, this company’s outstanding shares have now reached $12.97 million.
In terms of profitability, gross margin is +33.64, operating margin of +30.74, and the pretax margin is +30.42.
Imperial Petroleum Inc (IMPP) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Oil & Gas Midstream Industry. The insider ownership of Imperial Petroleum Inc is 55.92%, while institutional ownership is 14.67%.
Imperial Petroleum Inc (IMPP) Performance Highlights and Predictions
This company achieved a net margin of +30.42 while generating a return on equity of 15.60. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.87 per share during the current fiscal year.
Imperial Petroleum Inc (NASDAQ: IMPP) Trading Performance Indicators
Here are Imperial Petroleum Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 9.83. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.13. Likewise, its price to free cash flow for the trailing twelve months is 0.59.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 37.53
Technical Analysis of Imperial Petroleum Inc (IMPP)
The latest stats from [Imperial Petroleum Inc, IMPP] show that its last 5-days average volume of 0.53 million was inferior to 0.75 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 22.33%. Additionally, its Average True Range was 0.11.
During the past 100 days, Imperial Petroleum Inc’s (IMPP) raw stochastic average was set at 15.08%, which indicates a significant increase from 7.41% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.74% in the past 14 days, which was lower than the 100.05% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.6148, while its 200-day Moving Average is $2.5914. Now, the first resistance to watch is $1.5800. This is followed by the second major resistance level at $1.6500. The third major resistance level sits at $1.6900. If the price goes on to break the first support level at $1.4700, it is likely to go to the next support level at $1.4300. Assuming the price breaks the second support level, the third support level stands at $1.3600.
Imperial Petroleum Inc (NASDAQ: IMPP) Key Stats
With a market capitalization of 25.81 million, the company has a total of 17,087K Shares Outstanding. Currently, annual sales are 97,020 K while annual income is 29,510 K. The company’s previous quarter sales were 29,380 K while its latest quarter income was 12,120 K.