Immersion Corporation (IMMR): A Detailed Report for Recent Quarter of IMMR

Craig Hallum announced it was Reiterated coverage of Immersion Corporation in a research note on March 06, 2020. The analysts assigned a Buy rating to the stock with a price target of $9. Craig Hallum rated the stock as a Buy in a research noted published on August 02, 2019. Dougherty & Company rated the stock as a Buy in a research note published on May 14, 2019.

Haidamus Ramzi, the President and CEO of Immersion Corporation, sold 7611.0 shares at the valuation of $6.03 during an exchange that occurred on Apr 21, which implies that Haidamus Ramzi is holding 57,603 shares at the estimation of $45,894 dependent on the most recent closing price.

In another transaction, on Mar 11, Chief Financial Officer of Immersion Corporation, Akerman Aaron, bought 3000.0 shares at the price of $5.41. After this activity, Akerman Aaron now keeps 3,000 shares of Immersion Corporation, esteemed at $16,230 with the most recent shutting price.

IMMR Recent Trade

The share price of IMMR ascended by $0.1 during the exchanging session on 07/20/20 to exchange at $6.34. Immersion Corporation stock has an exchanging volume of 0.33 million shares, which is high, contrasted with its 3-months average volume of 308.08K shares. Its market capitalization has now reached to $179.28M and analysts have a consensus target price of $9.00 in the 12-month period.

IMMR Past Trading Activity

The market tends to become urbane often, in any event, for prepared investors and traders. In any event, when a merchant got what he/she had expected, the market occasionally chooses to move the other way. This instability leads a few traders questioning and re-thinking their moves. This is the reason becoming acquainted with past price performance, just as both long and short time period, is significant. If we look the past performance, during the last one week, IMMR price has rose by 7.37%. In the course of past three months sees the stock go up around 4.71%, while it has lost -18.15% over the past six months and -14.74% since the start of the year.

IMMR Earning History

Earnings per share are the amount of profit that a company produces during a specific period, which is usually defined as a quarter (three calendar months) or a year. In recent quarter of (Jun 2020), the firm recorded a revenue of 6.26 billion, which was higher than the gauge of 5.72M made by certain experts. For that equivalent quarter, Immersion Corporation posted -$0.08 earnings per share (EPS) which was underneath the consensus estimate of -$0.04 by -$0.04, which represents to a reduction by -100.00%.

IMMR Price Performance

Let us presently take a gander at a portion of its probable help and opposition resistance. Late research on Immersion Corporation has seen its stock exchanging -12.80% underneath its three-month high price. A glance at the opposite side additionally observes stock exchanging +11.73% above its three-month low. A more extensive look sees IMMR exchanging -26.85% beneath its 52-week high and 49.73% above from its 52-week low price.

IMMR Instability & Beta Factor

The Volatility of a stock means that the stock’s drop or increase in the event that the more extensive market drops or rushes. A beta score higher than 1 implies that a stock is profoundly unpredictable while underneath 1 implies that the Volatility of a stock is low. If we look trading Volatility. Its 7-day Volatility is around 3.61%, while it has a month to month instability of 4.72%. The company has an ATR (Average True Range) of 0.28 and a beta factor of 1.47.

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