Is Immersion Corp (NASDAQ: IMMR) No Longer A Good Investment?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

IMMR belongs to the Technology sector of the NASDAQ while operating in the Software – Application industry. The current market capitalization of Immersion Corp is $408.32M. A total of 1.43 million shares were traded on the day, compared to an average of 619.08K shares.

In the most recent transaction, DODSON J MICHAEL sold 4,947 shares of IMMR for 10.68 per share on Jun 13 ’24. After the transaction, the Chief Financial Officer now owns 45,053 company shares. In a previous transaction on Mar 13 ’24, Nader Elias sold 13,000 shares at 8.22 per share. IMMR shares that Director owns now total 29,266.

Among the insiders who bought shares, TORO 18 HOLDINGS LLC acquired of 11,281 shares on Dec 06 ’23 at a per-share price of $7.60. This resulted in the 10% Owner holding 1,544,147 shares of IMMR after the transaction. In another insider transaction, TORO 18 HOLDINGS LLC bought 14,380 shares at $7.73 per share on Dec 05 ’23. Company shares held by the 10% Owner now total 1,532,866.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Immersion Corp pays an annual dividend of $0.17, resulting in a dividend yield of 1.29%, and it has a price to earnings (P/E) ratio of 9.30. IMMR’s most recent ex-dividend date was 7/8/2024 when it declared a $0.0450 quarterly dividend that was paid in cash on 7/26/2024. Previously, the company paid the dividend on 4/19/2024 with an ex-dividend date of 4/11/2024. The IMMR stock dividend was $0.0450 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, IMMR has a high of $13.31 and a low of $5.94.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. IMMR’s latest balance sheet shows that the firm has $137.92M in Cash & Short Term Investments as of fiscal 2021. There were $1.10M in debt and $16.63M in liabilities at the time. Its Book Value Per Share was $4.20, while its Total Shareholder’s Equity was $141.29M.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for IMMR is Buy with a score of 4.50.

Most Popular

Related Posts