Immatics N.V (NASDAQ:IMTX) price on current trading day, rose 0.56% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $5.40.
A look at the stock’s price movement, the level at last check in today’s session was $5.37, moving within a range at $5.315 and $5.63. The beta value (5-Year monthly) was 0.827. Turning to its 52-week performance, $13.77 and $4.06 were the 52-week high and 52-week low respectively. Overall, IMTX moved 13.21% over the past month.
Immatics N.V’s market cap currently stands at around $644.52 million, with investors looking forward to this quarter’s earnings report slated for on 2024-Nov-17.
Turning to the stock’s technical picture we see that short term indicators suggest on average that IMTX is a 50% Sell. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
IMTX’s current price about 16.32% and 4.57% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 62.78, while 7-day volatility ratio is 6.91% and 5.86% in the 30-day chart. Further, Immatics N.V (IMTX) has a beta value of 0.77, and an average true range (ATR) of 0.28. Analysts have given the company’s stock an average 52-week price target of $22, forecast between a low of $16 and high of $28. Looking at the price targets, the low is -196.3% off recent price level in today’s trading while to achieve the yearly target high, it has to move -418.52%. Nonetheless, investors will most likely welcome a -307.41% jump to $22 which is the analysts’ median price.
If we refocus on Immatics N.V (NASDAQ:IMTX), historical trading data shows that trading volumes averaged 0.45 over the past 10 days and 988.68K over the past 3 months. The company’s latest data on shares outstanding shows there are 103.11 million shares.
The 27.00% of Immatics N.V’s shares are in the hands of company insiders while institutional holders own 77.98% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 8.65 million on 2025-02-28, giving us a short ratio of 7.74. The data shows that as of 2025-02-28 short interest in Immatics N.V (IMTX) stood at 864.9999999999999 of shares outstanding, with shares short falling to 10.01 million registered in 2025-01-31. Current price change has pushed the stock -24.05% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the IMTX stock continues to rise going into the next quarter.
