Imperial Petroleum Inc (NASDAQ:IMPP) price closed lower on Friday, April 12, dropping -4.00% below its previous close.
A look at the daily price movement shows that the last close reads $3.75. The company’s P/E ratio in the trailing 12-month period read 0.10. Taking into account the 52-week price action we note that the stock hit a 52-week high of $4.53 and 52-week low of $1.18. The stock added 5.88% on its value in the past month.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give IMPP a short term outlook of 100% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Buy, while an average of long term indicators are currently assigning the stock as 100% Buy.
The overview shows that IMPP’s price is at present 10.24% off the SMA20 and 13.52% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 58.69, with weekly volatility standing at 10.37%. The indicator jumps to 6.76% when calculated based on the past 30 days. Imperial Petroleum Inc (NASDAQ:IMPP)’s beta value is holding at 1.15, while the average true range (ATR) indicator is currently reading 0.25. An analysis of the Imperial Petroleum Inc (NASDAQ:IMPP) stock in terms of its daily trading volume indicates that the 3-month average is 548.05K.
Current records show that the company has 29.81M in outstanding shares. The insiders’ percentage holdings are 65.74% of outstanding shares while the percentage share held by institutions stands at 6.91%. But the 36.36% upside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
