Immunome Inc (NASDAQ:IMNM): Buy, Sell Or Hold At $20.58?

In last trading session, Immunome Inc (NASDAQ:IMNM) saw 0.31 million shares changing hands with its beta currently measuring 1.71. Company’s recent per share price level of $20.58 trading at -$0.44 or -2.09% at ring of the bell on the day assigns it a market valuation of $1.23B. That closing price of IMNM’s stock is at a discount of -50.44% from its 52-week high price of $30.96 and is indicating a premium of 78.43% from its 52-week low price of $4.44. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.62 million shares which gives us an average trading volume of 743.57K if we extend that period to 3-months.

Immunome Inc (NASDAQ:IMNM) trade information

Upright in the red during last session for losing -2.09%, in the last five days IMNM remained trading in the green while hitting it’s week-highest on Thursday, 04/11/24 when the stock touched $20.58 price level, adding 3.15% to its value on the day. Immunome Inc’s shares saw a change of 92.34% in year-to-date performance and have moved 1.58% in past 5-day. Immunome Inc (NASDAQ:IMNM) showed a performance of -13.16% in past 30-days. Number of shares sold short was 3.24 million shares which calculate 5.13 days to cover the short interests.

Immunome Inc (IMNM) estimates and forecasts

Statistics highlight that Immunome Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company added 163.51% of value to its shares in past 6 months, showing an annual growth rate of -45.80% while that of industry is 13.30. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. The company is estimating its revenue growth to decrease by -25.00% in the current quarter and calculating 2.90% increase in the next quarter. This year revenue growth is estimated to fall -62.00% from the last financial year’s standing.

3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $1.33 million for the same. And 3 analysts are in estimates of company making revenue of $1.33 million in the next quarter that will end on Jun 2024.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -48.48% during past 5 years.

IMNM Dividends

Immunome Inc is more likely to be releasing its next quarterly report in May and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.

Immunome Inc (NASDAQ:IMNM)’s Major holders

Insiders are in possession of 18.10% of company’s total shares while institution are holding 37.51 percent of that, with stock having share float percentage of 45.80%. Investors also watch the number of corporate investors in a company very closely, which is 37.51% institutions for Immunome Inc that are currently holding shares of the company. Point72 Asset Management, L.P. is the top institutional holder at IMNM for having 0.42 million shares of worth $3.31 million. And as of Jun 29, 2023, it was holding 0.98% of the company’s outstanding shares.

The second largest institutional holder is Vanguard Group Inc, which was holding about 0.37 million shares on Jun 29, 2023. The number of shares represents firm’s hold over 0.87% of outstanding shares, having a total worth of $2.96 million.

On the other hand, Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Jun 29, 2023, the former fund manager was holding 0.23 million shares of worth $1.85 million or 0.55% of the total outstanding shares. The later fund manager was in possession of 0.13 million shares on Jun 29, 2023, making its stake of worth around $0.99 million in the company or a holder of 0.29% of company’s stock.