why Immuron Limited ADR [IMRN] is a Good Choice for Investors After New Price Target of $4.00

Edison Baldwin

Immuron Limited ADR [NASDAQ: IMRN] loss -12.72% on the last trading session, reaching $1.51 price per share at the time.

Immuron Limited ADR represents 5.85 million in outstanding shares, while the company has a total market value of $10.16 million with the latest information. IMRN stock price has been found in the range of $1.42 to $1.59.

If compared to the average trading volume of 67.96K shares, IMRN reached a trading volume of 6094187 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Immuron Limited ADR [IMRN]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for IMRN shares is $4.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on IMRN stock is a recommendation set at 2.00. 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 1.67, with the Price to Cash per share for the same quarter was set at 0.57.

Trading performance analysis for IMRN stock

Immuron Limited ADR [IMRN] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -28.10. With this latest performance, IMRN shares dropped by -31.67% in over the last four-week period, additionally sinking by -18.82% over the last 6 months – not to mention a drop of -11.18% 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 IMRN stock in for the last two-week period is set at 29.18, with the RSI for the last a single of trading hit 0.1815, and the three-weeks RSI is set at 0.1482 for Immuron Limited ADR [IMRN]. The present Moving Average for the last 50 days of trading for this stock 1.9875, while it was recorded at 1.8320 for the last single week of trading, and 1.8630 for the last 200 days.

Immuron Limited ADR [IMRN]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Immuron Limited ADR [IMRN] shares currently have an operating margin of -92.59% and a Gross Margin at 65.42%. Immuron Limited ADR’s Net Margin is presently recorded at -71.37%.

Immuron Limited ADR (IMRN) Capital Structure & Debt Analysis

According to recent financial data for Immuron Limited ADR. ( IMRN), the Return on Equity (ROE) stands at -49.00%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -39.65%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Immuron Limited ADR’s Return on Invested Capital (ROIC) is -63.83%, showcasing its effectiveness in deploying capital for earnings.

Immuron Limited ADR (IMRN) Efficiency & Liquidity Metrics

Based on Immuron Limited ADR’s (IMRN) latest financial statements, the Debt-to-Equity Ratio is 0.00%, indicating its reliance on debt financing relative to shareholder equity.

Immuron Limited ADR (IMRN) Efficiency & Liquidity Metrics

An analysis of Institutional ownership at Immuron Limited ADR [IMRN]

There are presently around $0.34%, or 0.34%% of IMRN stock, in the hands of institutional investors. The top three institutional holders of IMRN stocks are: MORGAN STANLEY with ownership of 4991.0 shares, which is approximately 0.0022%. RHUMBLINE ADVISERS, holding 4814.0 shares of the stock with an approximate value of $$11986.0 in IMRN stocks shares; and RHUMBLINE ADVISERS, currently with $$3630.0 in IMRN stock with ownership which is approximately 0.0007%.

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