IMV Inc. (IMV) concluded trading on 01/12/23 at a closing price of $2.85, with 0.44 million shares of worth about $1.27 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -49.26% during that period and on Thursday the price saw a loss of about -9.81%. Currently the company’s common shares owned by public are about 8.24M shares, out of which, 8.18M shares are available for trading.
A deeper look into what the analysts at Wall Street are thinking about the price target of this stock provides us with the following: 5 analysts are covering the IMV stock and their offered price forecasts bring an average price target of $44.88. Over the next 12 months, analysts forecasted that the stock’s price could jump as high as $65.00 and could fall to a lowest price of $22.50. However, touching the estimated high of $65.00 would mean a gain of 95.62% for the stock.
IMV Inc. (NASDAQ: IMV) started trading at $3.19, above $0.03 from concluding price of the previous day. However, the stock later moved at a day high price of 3.2900, or with a loss of -9.81%. Stock saw a price change of 13.10% in past 5 days and over the past one month there was a price change of 30.43%. Year-to-date (YTD), IMV shares are showing a performance of 17.28% which decreased to -77.38% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $2.03 but also hit the highest price of $15.30 during that period. The average intraday trading volume for IMV Inc. shares is 467.04K. The stock is currently trading 5.01% above its 20-day simple moving average (SMA20), while that difference is up 0.27% for SMA50 and it goes to -56.50% lower than SMA200.
IMV Inc. (NASDAQ: IMV) currently have 8.24M outstanding shares and institutions hold larger chunk of about 23.35% of that. Holding of mutual funds in the company is about — while other institutional holders and individual stake holders have control over — and — of the stake respectively.
The stock has a current market capitalization of $26.88M and its 3Y-monthly beta is at 1.35. It has posted earnings per share of -$6.78 in the same period. It has Quick Ratio of 2.80. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for IMV, volatility over the week remained 20.07% while standing at 20.12% over the month.
Analysts are in expectations that IMV Inc. (IMV) stock would likely to be making an EPS of -$0.15 in the current quarter, while forecast for next quarter EPS is -$0.16 and it is -$0.47 for next year. For the current quarter EPS, analysts have given the company a lowest target -$0.15 which is -$0.14 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -$0.13 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -14.10% while it is estimated to increase by 20.20% in next year.
Analysts at 5 brokerage firms have issued recommendations for the IMV Inc. (IMV)’s stock and average of those rates the stock at a “Moderate Buy” and assign it a score of 2.00. Out of those 5 Wall Street analysts, 5 recommended a “Buy” rating, while 0 were in favor recommending the stock as a “Hold” and 0 analyst recommended the stock as “Sell”.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Cantor Fitzgerald on September 22, 2021 offering an Overweight rating for the stock and assigned a target price of $4 to it. Coverage by Wells Fargo stated IMV Inc. (IMV) stock as an Overweight in their note to investors on July 23, 2021, suggesting a price target of $14 for the stock. On May 18, 2020, Wells Fargo Upgrade their recommendations, while on April 01, 2020, B. Riley FBR Downgrade their ratings for the stock with a price target of $3. Stock get an Equal weight rating from Wells Fargo on February 25, 2020.