Immersion Corp (NASDAQ: IMMR) on Monday, plunged -5.48% from the previous trading day, before settling in for the closing price of $13.51. Within the past 52 weeks, IMMR’s price has moved between $5.94 and $13.62.
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Technology Sector giant saw their annual sales slid by -13.98% over the last five years. The company achieved an average annual earnings per share of 12.97%. With a float of $28.45 million, this company’s outstanding shares have now reached $31.53 million.
The firm has a total of 14 workers. Let’s measure their productivity.
Immersion Corp (IMMR) Breakdown of a Key Holders of the stock
Observing investor behavior towards Software – Application industry stocks is more important than anything else. The insider ownership of Immersion Corp is 10.70%, while institutional ownership is 56.46%. The most recent insider transaction that took place on Jun 13 ’24, was worth 52,834. In this transaction Chief Financial Officer of this company sold 4,947 shares at a rate of $10.68, taking the stock ownership to the 45,053 shares. Before that another transaction happened on Mar 13 ’24, when Company’s Director sold 13,000 for $8.22, making the entire transaction worth $106,863. This insider now owns 29,266 shares in total.
Immersion Corp (IMMR) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 12.97% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 15.00% during the next five years compared to -9.61% drop over the previous five years of trading.
Immersion Corp (NASDAQ: IMMR) Trading Performance Indicators
Immersion Corp (IMMR) is currently performing well based on its current performance indicators. A quick ratio of 6.44 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.75. Likewise, its price to free cash flow for the trailing twelve months is 8.66.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.38, a number that is poised to hit 0.34 in the next quarter and is forecasted to reach 0.87 in one year’s time.
Technical Analysis of Immersion Corp (IMMR)
Analysing the last 5-days average volume posted by the [Immersion Corp, IMMR], we can find that recorded value of 1.03 million was better than the volume posted last year of 0.59 million. As of the previous 9 days, the stock’s Stochastic %D was 75.86%. Additionally, its Average True Range was 0.60.
During the past 100 days, Immersion Corp’s (IMMR) raw stochastic average was set at 84.19%, which indicates a significant increase from 70.30% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 50.21% in the past 14 days, which was higher than the 40.68% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.56, while its 200-day Moving Average is $7.90. Now, the first resistance to watch is $13.56. This is followed by the second major resistance level at $14.34. The third major resistance level sits at $14.74. If the price goes on to break the first support level at $12.37, it is likely to go to the next support level at $11.97. Now, if the price goes above the second support level, the third support stands at $11.19.
Immersion Corp (NASDAQ: IMMR) Key Stats
Market capitalization of the company is 406.72 million based on 31,855K outstanding shares. Right now, sales total 33,920 K and income totals 33,980 K. The company made 43,850 K in profit during its latest quarter, and 18,660 K in sales during its previous quarter.
