The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a gain of 102.67%.However, over the last six months, we can see a weaker performance of 97.40%. Over the last 30 days, the price of IMRN has fallen by 117.13%. And in the last five days, it has surged by 119.65%.
Immuron Limited ADR’s market performance has been stable in recent times. The company’s stock hit a 1-year high of $5.96 on 03/07/24 and a low of $1.48 for the same time frame on 11/09/23.
52-week price history of IMRN Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Immuron Limited ADR’s current trading price is -36.24% away from its 52-week high, while its distance from the 52-week low is 156.58%. The stock’s price range during this period has varied between$1.48 and $5.96. The Immuron Limited ADR’s shares, which operate in the Healthcare, saw a trading volume of around 1.37 million for the day, a figure considerably higher than their average daily volume of 1.0 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Immuron Limited ADR (IMRN) has experienced a quarterly rise of 96.89% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 21.62M.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.88, with a change in price of +1.92. Similarly, Immuron Limited ADR recorded 555,637 in trading volume during the last 100 days, posting a change of +102.13%.
IMRN’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for IMRN stands at 0.01. Similarly, the long-term debt-to-equity ratio is also 0.01.
IMRN Stock Stochastic Average
As of today, Immuron Limited ADR’s raw stochastic average for the last 50 days stands at 50.57%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 49.88%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 39.07% and 20.52%, respectively.
