Alert: Rating Downgrade (12/15/23)-Immersion Corp (NASDAQ: IMMR).


Stock Rating Downgrade

Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Immersion Corp (NASDAQ: IMMR) weakened recently. IMMR’s current Value Trend Rating is D and the prior Rating was C. Details supporting this lower rating are included in our next report.


Recent Price Action

On 12/15/23, Immersion Corp (NASDAQ: IMMR) stock rose modestly by 0.9%, closing at $6.80. Moreover, trading volume in this advance was exceptionally high at 452% of normal. Relative to the market the stock has been weak over the last nine months but has risen 2.6% during the last week.

Current PriceTarget Research Rating

IMMR is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Immersion has a current Value Trend Rating of D (Negative). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Immersion has a neutral Appreciation Score of 49 and a slightly negative Power Rating of 37, producing the Negative Value Trend Rating.

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