Immersion Corporation (NASDAQ:IMMR) has seen its stock have a 1-year low price of $5.76 as well as a 1-year high price of $13.05. Its 1-Week Volatility now stands at 4.71%, while its Month Volatility is 3.17%. News about a company's financial status, products, or plans, whether positive or negative, will usually result in a temporary increase in the trade volume of its stock. Shifts in trade volume can make observed price movements more significant. Higher levels of volatility indicate higher profits or losses. However the company reported $-0.3 earnings per share for the same quarter during a year ago. Short Ratio of stock is 3.48. For Immersion Corporation, specifically, the RSI metric has reached 73.65. Immersion Corporation was covered by a number of analysts recently, 0 rated the stock as Buy, 3 rated Outperform, 0 rated Hold, 0 gave an Underperform and 0 rated sell. The shares were sold at an average price of $11.87, for a total transaction of $52,643.45. The regular trading started at $46.51 but as the trading continued, the stock escalated, settling the day with a gain of 0.84%. On the flip side, if the indicator goes below -80, it may mean that the stock has crossed over into oversold territory. The stock exchanged hands 2.68 Million shares versus average trading capacity of 624.12 Million shares, yielding a market cap of $381.14 Million. However, as 52 Week Range has little to no connection whatsoever with current news or forces affecting companies today, very few investors rely heavily on the metric. While historical volatility can be indicative of future volatility, it can also differ greatly from future volatility, depending on what was driving the price changes during the past period. Major expected news items are more important drivers of big moves in the stock price in the near future. Volatility demonstrates how much the stock will dive or rise if the wider market suffers or surges. A P/B ratio of less than 1.0 can indicate that a stock is undervalued, while a ratio of greater than 1.0 may indicate that a stock is overvalued. For example, an established blue chip company in a mature industry with stable earnings will most likely have a much lower beta compared to a start up Biotechnology Company. Its book value per share for the most recent quarter is $0.33 while its price to book ratio for the same period is 39.48, as for as the company's cash per share for the most recent quarter is $1.59, however its price to cash per share ratio for the same period is 8.2. Whether a stock is in or out of their favor can have a big effect on its price. Investors who are keeping close eye on the stock of Yelp Inc.
Investors have the ability to use technical indicators when completing stock research.
Taking a broader look at the analyst consensus, brokerage firms have a price target of $14.75 on Immersion Corp (NASDAQ:IMMR). The stock is now showing up return of 19.32% throughout last week and witnessed rising return of 15.12% in one month period. The stock price soared 36.73% in three months and jumped 115.09% for the last six months trading period. Year to date performance remained at 84.56%. The shares price has directed 57.65% in a year ago and swapped 15.12% during past one month. Immersion has an average rating of "Hold" and an average target price of $12.30. As for the shares, it has gone above the 20 days moving average and is now hovering within a distance of 4.58%. The 200-day moving average is the standby for long-term investors. Moving averages have the ability to be used as a powerful indicator for technical stock analysis. However, applying moving-average strategies in conjunction with portfolio diversification and prudent money management may reduce one's risk substantially.
Looking at shares from a technical standpoint, Immersion Corp (IMMR) presently has a 14-day Commodity Channel Index (CCI) of 248.77.
The stock has current RSI value of 76.38. This range falls on a scale between 0 and 100. It is primarily used to attempt to identify overbought or oversold conditions in the trading of an asset.
Traditional reading and handling of the RSI is that it values 70 or above shows that a security is becoming overbought or overvalued. The signal from the 20-day moving average is revealing a "Buy".