Imperial Petroleum Inc (NASDAQ:IMPP) saw an upside of 1.96% to $1.56 after adding $0.03 on Wednesday. The 5-day average trading volume is 686,392 shares of the company’s common stock. It has gained $1.6100 in the past week and touched a new high 3 times within the past 5 days. An average of 800,858 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 907,605.
IMPP’s 1-month performance is 18.18% or $0.2700 on its low of $1.2800 reached on 08/29/23. The company’s shares have touched a 52-week low of $1.18 and high of $7.33, with the stock’s rally to the 52-week high happening on 02/15/23. YTD, IMPP has lost -56.86% or -$2.0465 and has reached a new high 10 times. However, the current price is down -78.72% from the 52-week high price.
Valuation Metrics
IMPP stock has a beta of 0.96. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.12 while the price-to-book (PB) in the most recent quarter is 0.08, with the price to cash flow ratio at 0.67.
Imperial Petroleum Inc’s quick ratio for the recent period was 9.57, with the current ratio over the same period at 10.22. In terms of profitability, the gross margin trailing 12 months is 46.57%. The trailing 12-month EBITDA margin is 43.40%. The firm’s gross profit as reported stood at $44.93 million against revenue of $97.02 million.
Earnings Surprise
Net income and sales went down compared to those figures reported in the previous quarter. Net income grew 112.33% to $29.51 million, while revenue of $0.0 was 100.0% off the previous quarter. EBITDA for the quarter stood at more than $21.51 million. IMPP stock balance sheet for the recent quarter shows that total liabilities totaled 21.46 million, with total debt at $31350.0.
Let’s look briefly at Imperial Petroleum Inc (IMPP) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 26 September was 65.03% to suggest the stock is trending Neutral, with historical volatility in this time period at 32.79%.
The stock’s 5-day moving average is $1.5180, reflecting a +6.80% or $0.1000 change from its current price. IMPP is currently trading +16.30% above its 20-day SMA, -26.64% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -40.87% and SMA200 by-66.78%.
Stochastic %K and %D was 80.97% and 78.54% and the average true range (ATR) pointed at 0.1006. The RSI (14) points at 50.74%, while the 14-day stochastic is at 86.67% with the period’s ATR at 0.1151. The stock’s 9-day MACD Oscillator is pointing at 0.0611 and 0.0948 on the 14-day charts.
Analyst Ratings
Analysts offering their rating for IMPP stock have a consensus rating for the stock as -. Currently, 0 brokerage advisors rate IMPP as a “sell,”, while 0 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 0 have offered a “buy” rating.
