Imperial Petroleum Inc (NASDAQ: IMPP) on Monday, soared 11.99% from the previous trading day, before settling in for the closing price of $5.67. Within the past 52 weeks, IMPP’s price has moved between $2.12 and $6.57.
The company achieved an average annual earnings per share of -34.71%. With a float of $21.92 million, this company’s outstanding shares have now reached $34.42 million.
Imperial Petroleum Inc (IMPP) Breakdown of a Key Holders of the stock
Observing investor behavior towards Oil & Gas Midstream industry stocks is more important than anything else. The insider ownership of Imperial Petroleum Inc is 37.08%, while institutional ownership is 20.69%.
Imperial Petroleum Inc (IMPP) Recent Fiscal highlights
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.29 earnings per share (EPS) for the period topping the consensus outlook (set at 0.26) by 0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.37 per share during the current fiscal year.
Imperial Petroleum Inc (NASDAQ: IMPP) Trading Performance Indicators
Imperial Petroleum Inc (IMPP) is currently performing well based on its current performance indicators. A quick ratio of 1.51 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 1.73. Likewise, its price to free cash flow for the trailing twelve months is 2.78.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.07, a number that is poised to hit 0.10 in the next quarter and is forecasted to reach 2.35 in one year’s time.
Technical Analysis of Imperial Petroleum Inc (IMPP)
Compared to the last year’s volume of 0.3 million, its volume of 0.76 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 42.66%.
During the past 100 days, Imperial Petroleum Inc’s (IMPP) raw stochastic average was set at 94.01%, which indicates a significant increase from 82.40% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.45 in the past 14 days, which was higher than the 0.26 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.19, while its 200-day Moving Average is $3.47. Nevertheless, the first resistance level for the watch stands at $6.61 in the near term. At $6.87, the stock is likely to face the second major resistance level. The third major resistance level sits at $7.25. If the price goes on to break the first support level at $5.97, it is likely to go to the next support level at $5.59. Now, if the price goes above the second support level, the third support stands at $5.33.
Imperial Petroleum Inc (NASDAQ: IMPP) Key Stats
Market capitalization of the company is 221.26 million based on 34,415K outstanding shares. Right now, sales total 147,480 K and income totals 50,160 K. The company made 36,350 K in profit during its latest quarter, and 12,760 K in sales during its previous quarter.
