Imunon Inc (NASDAQ: IMNN) Emerges As Guiding Light For Investors

Imunon Inc (NASDAQ:IMNN) currently has a daily average trading volume of 2.66M but it saw 3521135 shares traded in last market. With a market cap of 12.60M USD, the company’s current market price of $1.34 came falling about -0.74 while comparing to the previous closing price of $1.35. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.65 and as low as $0.48.

Taking a look at 20-day trading activity of Imunon Inc (IMNN) gives us an average price of $1.4297, while its current price level is -63.29% below from 52-week high level whereas it is 179.17% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $1.3303 while that of 200 days or SMA-200 reads an average of $1.0528. A closer look into the stock’s movement over the week reveals that its volatility is standing at 23.22% during that period while stretching the period over a month that decreases to 12.10%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 49.08 which implies that the stock is in neutral territory.

Over the week, IMNN’s stock price is moving 14.53% up while it is 8.06% when we observe its performance for the past one month. Year-to-date it is 97.06% up and over the past year, the stock is showing an upside performance of 5.51%.

Currently, Imunon Inc’s total number of outstanding shares is 9.40M. Company’s return on investment (ROI) stands at -198.29% and return on equity (ROE) at -107.28%. Stock’s beta reads 2.12. Stock has a price to book (P/B) ratio of 1.48. Its return on asset (ROA) is -66.82% on average.