Imunon Inc (IMNN) Has A Promising Outlook For 2025

Imunon Inc (NASDAQ:IMNN) has a beta value of 1.97 and has seen 0.62 million shares traded in the recent trading session. The company, currently valued at $13.11M, closed the recent trade at $0.90 per share which meant it gained $0.04 on the day or 4.92% during that session. The IMNN stock price is -305.56% off its 52-week high price of $3.65 and 43.33% above the 52-week low of $0.51.

The consensus among analysts is that Imunon Inc (IMNN) is Buy stock at the moment, with a recommendation rating of 1.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 1 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.36.

Imunon Inc (NASDAQ:IMNN) trade information

Sporting 4.92% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the IMNN stock price touched $0.90 or saw a rise of 3.41%. Year-to-date, Imunon Inc shares have moved -4.80%, while the 5-day performance has seen it change 1.63%. Over the past 30 days, the shares of Imunon Inc (NASDAQ:IMNN) have changed -0.95%.

Imunon Inc (IMNN) estimates and forecasts

The company’s shares have lost -20.67% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 0.00%.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 26.62% over the past 5 years. Earnings growth for 2025 is a modest 22.22% while over the next 5 years, the company’s earnings are expected to increase by 25.45%.

IMNN Dividends

Imunon Inc is expected to release its next earnings report in March this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Imunon Inc (NASDAQ:IMNN)’s Major holders

The top two institutional holders are RENAISSANCE TECHNOLOGIES LLC with over 0.11 million shares worth more than $0.13 million. As of 2024-06-30, RENAISSANCE TECHNOLOGIES LLC held 1.184% of shares outstanding.

The other major institutional holder is GEODE CAPITAL MANAGEMENT, LLC, with the holding of over 74653.0 shares as of 2024-06-30. The firm’s total holdings are worth over $86627.0 and represent 0.7941% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are Fidelity Extended Market Index Fund and Vanguard Extended Market Index Fund. As of Nov 30, 2024, the former fund manager holds about 0.56% shares in the company for having 80.62 shares of worth $70943.0 while later fund manager owns 48.81 shares of worth $42949.0 as of Sep 30, 2024, which makes it owner of about 0.34% of company’s outstanding stock.