While Immutep Limited ADR has overperformed by 6.88%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, IMMP rose by 35.94%, with highs and lows ranging from $3.53 to $1.32, whereas the simple moving average jumped by 62.26% 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)
To gain a thorough understanding of Immutep Limited ADR’s future performance, several well-rounded types of analysis and research techniques can be used, with equity being among the most crucial. The goal here is to ensure that your current return on equity of -35.86% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 11.69, 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.
It is also very valuable to look at average volume as an indicator of volatility for a stock, and IMMP is recording an average volume of 676.87K. On a monthly basis, the volatility of the stock is set at 10.69%, whereas on a weekly basis, it is put at 7.59%, with a gain of 18.47% over the past seven days. Furthermore, long-term investors anticipate a median target price of $8.89, showing growth from the present price of $2.95, 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?
The number of employees owning shares of the company should also be considered in addition to the fundamentals. 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 2.09% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
