While Immutep Limited ADR has underperformed by -2.44%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, IMMP fell by -17.01%, with highs and lows ranging from $3.34 to $1.66, whereas the simple moving average fell by -12.74% in the last 200 days.
On May 17, 2024, CapitalOne started tracking Immutep Limited ADR (NASDAQ: IMMP) recommending Overweight. A report published by Robert W. Baird on August 03, 2023, Initiated its previous ‘Outperform’ rating for IMMP. Ladenburg Thalmann also rated IMMP shares as ‘Buy’, setting a target price of $8.30 on the company’s shares in an initiating report dated August 03, 2021. Maxim Group Initiated an Buy rating on July 16, 2021, and assigned a price target of $8. B. Riley FBR initiated its ‘Buy’ rating for IMMP, as published in its report on September 28, 2018. Maxim Group’s report from February 15, 2018 suggests a price prediction of $5 for IMMP shares, giving the stock a ‘Buy’ rating.
Analysis of Immutep Limited ADR (IMMP)
There are several well-rounded types of analysis and research techniques that can be used to gain a clear view of Immutep Limited ADR’s future performance, with equity being one of the most critical indicators. The goal here is to ensure that your current return on equity of -25.75% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 18.25, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
As an indicator of volatility for any stock, average volume can also be very valuable, and IMMP is recording an average volume of 119.78K. On a monthly basis, the volatility of the stock is set at 5.92%, whereas on a weekly basis, it is put at 5.61%, with a loss of -7.83% over the past seven days. Furthermore, long-term investors anticipate a median target price of $7.53, showing growth from the present price of $2.00, which can serve as yet another indication of whether IMMP is worth investing in or should be passed over.
How Do You Analyze Immutep Limited ADR Shares?
Apart from looking at the fundamentals, you should also pay attention to the number of company employees who own shares. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.84%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 2.02% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
IMMP shares are owned by institutional investors to the tune of 2.02% at present.
