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

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Immutep Limited (IMMP) is headed up in the market today. The company, focused on the biotechnology industry, is currently priced at $2.57 after a move up of 14.73% so far today. When it comes to biotech stocks, there are quite a few aspects that have the potential to cause price movement in the market. News tends to be one of the biggest reasons for the movement. Here are the recent trending headlines centered around IMMP:

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Mar-21-19 06:10PM Immutep Announces United States Patent Grant for Eftilagimod Alpha in Cancer
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

However, when making a decision to invest, investors should take a look at much more than just news, this is especially the case in the speculative biotech space. Here’s what’s happing when it comes to Immutep Limited.

The Performance That We’ve Seen From IMMP

While a move toward the top in a single session, like what we’re seeing from Immutep Limited might make some investors excited, a single session move alone should not be the reason for a decision to, or not to, invest in a company. It is always smart to look at trends for a period longer than a single trading day. When it comes to IMMP, below are the returns on investment that we’ve seen:

  • Past 5 Sessions – Over the past week, IMMP has seen a change in price that amounts to 12.72%.
  • Past 30 Days – The return on investment from Immutep Limited in the last 30 days comes to 26.60%.
  • Past Three Months – Over the last 3 months, the stock has produced a ROI of 21.23%
  • Past Six Months – In the previous 6 months, we’ve seen a change of -16.56% from the company.
  • YTD – Since the the last trading session of last year IMMP has produced a ROI of 39.67%.
  • Full Year – Lastly, in the last year, we have seen a change in the amount of 36.69% out of IMMP. Throughout this period of time, the stock has sold at a high of -38.95% and a low price of 51.18%.

Ratios Of Note

Looking at various key ratios associated with a stock can provide traders an understanding of just how risky and/or rewarding a stock pick might be. Below are some of the most important ratios to look at when looking at IMMP.

Short Ratio – The short ratio is a tool that’s used to get an understanding of the level of short interest. As the ratio climbs, it shows that more investors have a belief that the value of the stock is going to go down. In general, biotechnology stocks tend to come with a higher short ratio. However, we also tend to see a lot of short squeezes in the space. Nonetheless, when it comes to Immutep Limited, the stock’s short ratio clocks in at 0.48.

Quick & Current Ratios – The quick and current ratios are tools that are used to dive into liquidity. Essentially, they measure If a company is able to cover its debts when they come due using quick assets or current assets. In the biotech sector, several companies rely heavily on continued support from investors, these ratios can seem damning. Nonetheless, quite a few gems in the biotech sector come with good 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 value of assets owned by the company to the share price of the stock. In this particular case, that ratio equates to 0.80.

Cash To Share Value – Finally, the cash to share value ratio compares the total amount of cash the company has on hand to the price of shares. Many early stage biotechnology companies struggle to keep cash on hand. So, when investing in the biotechnology industry, this is a very important ratio to consider. In this case, the cash to share value comes to 0.

How Analysts Feel About Immutep Limited

Although it’s not a smart idea to avoid doing your DD and blindly following the opinions of analysts, it is a smart idea to use their opinions when validating your own thoughts when it comes to making an investment decision in the biotech industry. Below are the most recent moves that we have seen from analysts as it relates 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

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in IMMP, here’s what we’re seeing:

Institutions own 10.37% of the company. Institutional interest has moved by 0 over the past three months. When it comes to insiders, those who are close to the company currently own 0 percent of IMMP shares. Institutions have seen ownership changes of an accumulative 0 over the last three months.

What’s Going On With Share Counts?

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 3.03B shares of Immutep Limited outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, IMMP has a float of 25.43M.

I also like to pay attention to the short percentage of the float. Think about it, when a high percentage of the float is sold short, the overall opinion among traders is that the company is headed for a dive. As far as it relates to IMMP, the percentage of the float that is sold short comes to a total of 0.45%. Most investors would say that a concerning short percent of the float is any percentage over 40%. However, I’ve found that anything over 26% is usually a risky play.

Financial Results And Expectations

What have ween seen from IMMP in terms of financial results?Here is the data:

  • Analyst Expectations – As it stands, Wall Street analysts expect that Immutep Limited will create earnings per diluted share in the amount of 0, with 0 being reported in the report for the current quarter. Although this data isn’t associated with earnings, because we are chatting about Wall Street analysts, the stock is currently rated a 2.00 considering a scale that ranges from 1 to 5 where 1 is the worst average Wall Street analyst rating and 5 is the best possible rating.
  • 5-Year Sales – In the last half decade, Immutep Limited has created a change in revenue that works out to be 0. EPS through the last half decade have experienced a change of 0.
  • Q/Q – In terms of quarter over quarter data, or Q/Q data as it is generally represented in the world of humans, IMMP has generated a change in earnings that comes to a total of 0. The company has also seen a change in terms of sales that amounts to -46.20%.

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