Immutep Limited (IMMP) Stock: Here’s Why It’s Headed Up

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Immutep Limited (IMMP) is headed up in the market in today’s trading session. The company, one that is focused on the biotech industry, is presently priced at $2.52 after heading up 6.78% so far in today’s session. In terms of biotechnology companies, there are a number of aspects that have the potential to cause price movement in the market. News is one of the most common reasons for movement. Here are the most recent headlines surrounding IMMP:

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Mar-18-19 07:07PM Immutep to Present IMP761 Preclinical Results in Global Webcast
Mar-07-19 04:30PM Immutep Presents Positive IMP761 Preclinical Results at 14th Congress of European Crohns and Colitis Organisation
Mar-06-19 05:16PM Immutep Shareholders Have Enjoyed A 52% Share Price Gain
08:00AM Immutep doses First Patient in TACTI-002 Phase II Trial
08:00AM Immutep Announces Data from Ongoing TACTI-mel Phase I Clinical Trial in Unresectable or Metastatic Melanoma

However, any time investors are making a decision with regard to investing, prospective investors should look into much more than news, especially in the speculative biotechnology space. Here’s what’s happening in regard to Immutep Limited.

Recent Trends From IMMP

Although a gain in a single session, like what we’re seeing from Immutep Limited might make some investors happy, a single session move by itself shouldn’t be the reason for a decision to, or not to, invest in a stock. It’s always a good idea to take a look at trends for a period longer than a single trading day. As it relates to IMMP, below are the movements that we’ve seen:

  • Past 7 Days – In the past five trading sessions, IMMP has seen a price change that amounts to 3.06%.
  • Past 30 Days – The return on investment from Immutep Limited throughout the past month works out to 7.76%.
  • Past Quarter – In the past three months, the stock has produced a ROI that comes to 0.85%
  • Bi-Annually – Over the previous six months, we have seen a change that equates to -24.60% from the stock.
  • YTD – Since the the last trading session of last year IMMP has resulted in a return on investment of 28.26%.
  • Annually – Lastly, in the last full year, we have seen movement that works out to 26.20% out of IMMP. Throughout this period of time, the stock has traded at a high of -40.14% and a low of 48.24%.

Key Ratios

Looking at various key ratios associated with a stock can give prospective investors an understanding of how risky and/or rewarding a an investment option might be. Here are some of the important ratios to consider when digging into IMMP.

Short Ratio – The short ratio is a measure of short interest. As the ratio heads up, it means that more investors are expecting that the price of the stock is going to go down. Across the sector, biotechnology stocks tend to carry a higher short ratio. On the other hand, we tend to see quite a few short squeezes in the sector. Nonetheless, when it comes to Immutep Limited, the stock’s short ratio is 2.53.

Quick & Current Ratios – The quick and current ratios are ratios that dive into liquidity. Basically, they measure the company’s abilities to pay its debts as they mature using quick assets or current assets. In the biotechnology industry, many companies rely on continued support from investors, the quick and current ratios can seem upsetting. However, some better companies in the biotechnology space do have strong current and quick ratios. As far as IMMP, the quick and current ratios add up to 0 and 0 respectively.  

Book To Share Value – The book to share value ratio compares the the price of shares to the book value of assets that are owned by the company. In this case, the book to share value ratio works out to 0.80.

Cash To Share Value – The cash to share value ratio compares the amount of cash the company has on hand to the value of the company’s stock. Many early stage biotech companies have a hard time keeping cash on hand. So, when investing in the biotechnology space, this is an important ratio to look into. When it comes to IMMP, the cash to share value comes to 0.

What Analysts Think About Immutep Limited

While it’s rarely a smart idea to avoid doing your DD and blindly following the opinions of analysts, it is a good idea to use their thoughts when validating your own thoughts before making investment decisions in the biotech industry. Here are the most recent moves that we’ve seen from analysts when it comes to IMMP.

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Sep-28-18 Initiated B. Riley FBR Buy $7.75
Feb-15-18 Reiterated Maxim Group Buy $7 → $5

Show Me The Big Money

An interesting fact I have learned so far in my short time alive, or somewhat alive is that smart money tends to follow big money. That is to say, investors that are looking to keep their investments relatively safe will follow investments made by institutional investors as well as insiders. So, is big money flowing as it relates to IMMP? Here’s the data:

  • Institutions – At the moment, institutions own 11.46% of the company. On the other hand, it is worth noting that institutional ownership has seen a move of 0 in the last 3 months.
  • Insiders – as it relates to insiders, members of the management team and others close to IMMP currently hold 0 of Immutep Limited. Their ownership of the company has seen a change of 0 over the past 3 months.

Interested In How Many Shares Are Available?

Traders tend to like to know the amounts of shares both available and outstanding. In regard to Immutep Limited, currently there are 3.03B with a float of 25.43M. These numbers mean that out of the total of 3.03B shares of IMMP in existence today, 25.43M are able to be traded in the public realm.

I also find it important to dig into the short percent. Think about it, when a large percentage of the float is sold short, the overall opinion among traders is that the equity is going to lose value. As far as IMMP, the short percentage of the float is currently 0.45%. In general, concerning short percent of the float would be any percentage over 40%. Through my work, I’ve seen that any short percent of the float over 26% is generally a risky play.

Earnings

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $0. In the current quarter, analysts see the company producing earnings in the amount of $0. Over the last 5 years, IMMP has generated revenue in the amount of $0 with earnings coming in at 0. On a quarter over quarter basis, earnings have seen movement of 0 and revenue has seen movement of -46.20%.

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