Is Immatics N.V (NASDAQ:IMTX) being unfairly punished by investors?

In yesterday’s Wall Street session, Immatics N.V (NASDAQ:IMTX) shares traded at $12.58, down -3.31% from the previous session.

IMTX stock price is now 12.42% away from the 50-day moving average and 16.75% away from the 200-day moving average. The market capitalization of the company currently stands at $1.30B.

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On March 31, 2023, Mizuho recently initiated its ‘Buy’ rating on the stock quoting a target price of $12, while ‘Bryan Garnier’ rates the stock as ‘Buy’

A total of 31.94% of the company’s stock is owned by insiders.

During the past 12 months, Immatics N.V has had a low of $7.15 and a high of $13.77. As of last week, the company has a debt-to-equity ratio of 0.08, a current ratio of 3.95, and a quick ratio of 3.95. The fifty day moving average price for IMTX is $11.2266 and a two-hundred day moving average price translates $10.778875 for the stock.

The latest earnings results from Immatics N.V (NASDAQ: IMTX) was released for 2024-03-31. The net profit margin was -107.78% and return on equity was -26.77% for IMTX. The company reported revenue of $32.86 million for the quarter, compared to $10.52 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 212.53 percent.

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