Imperial Petroleum Inc. (NASDAQ:IMPP) does about 5.26M shares in volume on a normal day but saw 7211649 shares change hands in Monday trading. The company now has a market cap of 52.94M USD. Its current market price is $0.29, marking an increase of 3.39% compared to the previous close of $0.28. The 52 week high reached by this stock is $9.70 whilst the lowest price level in 52 weeks is $0.23. The script in recent trading has seen the stock touch a high of $0.3098 and a low of $0.2822.
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Imperial Petroleum Inc. (IMPP) has a 20-day trading average at $0.2621 and the current price is -97.01% off the 52-week high compared with 25.81% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.3133 and its 200-day simple moving average is $0.4805. If we look at the stock’s price movements over the week, volatility stands at 8.26%, which decreases to 7.88% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 54.12 to suggest the stock is neutral.
The current price level is 10.66%, -8.27%, and -40.30% away from its SMA20, SMA50, and SMA200 respectively, with the IMPP price moving above the 50-day SMA on January 23. Imperial Petroleum Inc. (IMPP) stock is up 8.21% over the week and 4.05% over the past month. Its price is 20.28% year-to-date and -84.32% over the past year.
Outstanding shares total 190.25M with insiders holding 0.54% of the shares and institutional holders owning 2.75% of the company’s common stock. The company has a return on investment of -2.80% and return on equity of 7.10%. The price to earnings ratio (P/E ratio) amounts to 3.97. Price to book ratio is 0.21 and price to sales ratio is 0.84.
