KD Logo

Understanding the Risks of Investing in Immunome Inc (IMNM)

Immunome Inc’s recently made public that its Chief Financial Officer Rosett Max unloaded Company’s shares for reported $0.23 million on Sep 19 ’24. In the deal valued at $16.01 per share,14,380 shares were sold. As a result of this transaction, Rosett Max now holds 47,476 shares worth roughly $0.58 million.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Then, Rosett Max bought 14,380 shares, generating $230,211 in total proceeds.

Before that, BIENAIME JEAN JACQUES bought 7,000 shares. Immunome Inc shares valued at $97,608 were divested by the Director at a price of $13.94 per share. As a result of the transaction, BIENAIME JEAN JACQUES now holds 16,615 shares, worth roughly $0.2 million.

Piper Sandler initiated its Immunome Inc [IMNM] rating to an Overweight in a research note published on May 31, 2024; the price target was $27. A number of analysts have revised their coverage, including JP Morgan’s analysts, who began to cover the stock in late April with a ‘”an Overweight”‘ rating. Guggenheim began covering IMNM with “Buy” recommendation on April 15, 2024. Leerink Partners started covering the stock on January 29, 2024. It rated IMNM as “an Outperform”.

Price Performance Review of IMNM

On Friday, Immunome Inc [NASDAQ:IMNM] saw its stock jump 3.03% to $12.23. Over the last five days, the stock has lost -7.14%. Immunome Inc shares have risen nearly 14.30% since the year began. Nevertheless, the stocks have risen 56.59% over the past one year. While a 52-week high of $30.96 was reached on 03/07/24, a 52-week low of $6.93 was recorded on 01/02/24. SMA at 50 days reached $14.11, while 200 days put it at $16.40.

Levels Of Support And Resistance For IMNM Stock

The 24-hour chart illustrates a support level at 11.82, which if violated will result in even more drops to 11.41. On the upside, there is a resistance level at 12.55. A further resistance level may holdings at 12.87. The Relative Strength Index (RSI) on the 14-day chart is 36.79, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.27, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 85.59%. Stochastics %K at 9.25% indicates the stock is a buying.

How much short interest is there in Immunome Inc?

A steep rise in short interest was recorded in Immunome Inc stocks on 2024-09-30, dropping by -0.41 million shares to a total of 12.88 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-30 was 13.29 million shares. There was a decline of -3.18%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on December 19, 2023 when Wedbush began covering the stock and recommended ‘”an Outperform”‘ rating along with a $12 price target.

Most Popular