Imunon Inc [IMNN] is -58.10% lower this YTD. Is it still time to buy?

Imunon Inc [NASDAQ: IMNN] jumped around 0.11 points on Thursday, while shares priced at $0.6 at the close of the session, up 22.30%.

Compared to the average trading volume of 11.66M shares, IMNN reached a trading volume of 50337382 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Imunon Inc [IMNN]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for IMNN shares is $11.25 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on IMNN stock is a recommendation set at 1.67. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

The Price to Book ratio for the last quarter was 19.51, with the Price to Cash per share for the same quarter was set at 0.14.

How has IMNN stock performed recently?

Imunon Inc [IMNN] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -7.18. With this latest performance, IMNN shares dropped by -47.08% in over the last four-week period, additionally sinking by -32.48% over the last 6 months – not to mention a drop of -36.49% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for IMNN stock in for the last two-week period is set at 39.05, with the RSI for the last a single of trading hit 0.1245, and the three-weeks RSI is set at 0.1754 for Imunon Inc [IMNN]. The present Moving Average for the last 50 days of trading for this stock 1.0315, while it was recorded at 0.5507 for the last single week of trading, and 0.9340 for the last 200 days.

Imunon Inc (IMNN) Capital Structure & Debt Analysis

According to recent financial data for Imunon Inc. ( IMNN), the Return on Equity (ROE) stands at -397.54%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -167.96%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Imunon Inc’s Return on Invested Capital (ROIC) is -1670.41%, showcasing its effectiveness in deploying capital for earnings.

Imunon Inc (IMNN) Efficiency & Liquidity Metrics

Based on Imunon Inc’s (IMNN) latest financial statements, the Debt-to-Equity Ratio is 2.24%, indicating its reliance on debt financing relative to shareholder equity.

Imunon Inc (IMNN) Efficiency & Liquidity Metrics

From an operational efficiency perspective, Imunon Inc. (IMNN) effectively leverages its workforce, generating an average of -$711600.0 per employee. The company’s liquidity position is robust, with a Current Ratio of 0.88% and a Quick Ratio of 0.88%, indicating strong ability to cover short-term liabilities.

Earnings analysis for Imunon Inc [IMNN]

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for IMNN. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Imunon Inc go to 37.97%.

Insider trade positions for Imunon Inc [IMNN]

There are presently around $1.61%, or 1.72% of IMNN stock, in the hands of institutional investors. The top three institutional holders of IMNN stocks are: RENAISSANCE TECHNOLOGIES LLC with ownership of 0.11 million shares, which is approximately 1.184%. GEODE CAPITAL MANAGEMENT, LLC, holding 74653.0 shares of the stock with an approximate value of $$86627.0 in IMNN stocks shares; and GEODE CAPITAL MANAGEMENT, LLC, currently with $$67538.0 in IMNN stock with ownership which is approximately 0.6193%.

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