Imunon Inc (NASDAQ:IMNN) does about 8.90M shares in volume on a normal day but saw 99011840 shares change hands in the recent trading day. The company now has a market cap of 39.82M USD. Its current market price is $2.27, marking an increase of 95.69% compared to the previous close of $1.16. The 52 week high reached by this stock is $3.65 whilst the lowest price level in 52 weeks is $0.37.
The consensus objective for the share price is $11.20, suggesting that the stock has a potential upside of 79.73% over the period.
FactSet Research has provided data showing that 1 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 1 analysts have rated it as a buy and 0 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Strong Buy the stock.
The current price level is 184.39%, 158.00%, and 144.58% away from its SMA20, SMA50, and SMA200 respectively, with the IMNN price moving below the 50-day SMA on current market day. Imunon Inc (IMNN) stock is up 382.88% over the week and 158.67% over the past month. Its price is 138.95% year-to-date and 59.86% over the past year.
To reach the target analysts have set, the stock logically needs to grow 79.73 percent from here.
Outstanding shares total 17.54M with insiders holding 1.52% of the shares and institutional holders owning 2.35% of the company’s common stock. The company has a return on investment of -1670.41% and return on equity of -397.54%. The beta has a value of 2.07. Price to book ratio is 73.42.
