Immix Biopharma (IMMX) Stock Price, News & Analysis

Company Overview

Immix Biopharma, Inc., a clinical-stage biopharmaceutical company, engages in developing tissue-specific therapeutics in oncology and inflammation in the United States and Australia. The company is developing IMX-110 that is in Phase 1b/2a clinical trials for the treatment of soft tissue sarcoma and solid tumors; IMX-111, a tissue-specific biologic for the treatment of colorectal cancers; and IMX-120, a tissue-specific biologic for the treatment of ulcerative colitis and severe Crohn's disease. It has a clinical collaboration and supply agreement with BeiGene Ltd. for a combination Phase 1b clinical trial in solid tumors of IMX-110 and anti-PD-1 Tislelizumab. The company was incorporated in 2012 and is headquartered in Los Angeles, California.

Key Stats

• Today's Range: $2.09 to $2.32
• 50-Day Range: $1.38 to $2.54
• 52-Week Range: $1.26 to $7.50
• Volume: 79,900 shs
• Average Volume: 185,749 shs
• Market Capitalization: $59.69 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $7.00
• Consensus Rating: Buy

Immix Biopharma Stock Analysis - MarketRank™

Immix Biopharma scored higher than 58% of companies evaluated by MarketBeat, and ranked 456th out of 947 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Immix Biopharma has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Immix Biopharma has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Immix Biopharma are expected to grow in the coming year, from ($0.64) to ($0.55) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Immix Biopharma is -2.55, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Immix Biopharma is -2.55, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Immix Biopharma has a P/B Ratio of 2.68. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.87% of the float of Immix Biopharma has been sold short.

Short Interest Ratio / Days to Cover

Immix Biopharma has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Immix Biopharma has recently increased by 17.47%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Immix Biopharma does not currently pay a dividend.

Dividend Growth

Immix Biopharma does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.87% of the float of Immix Biopharma has been sold short.

Short Interest Ratio / Days to Cover

Immix Biopharma has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Immix Biopharma has recently increased by 17.47%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: 0.83

News Sentiment

Immix Biopharma has a news sentiment score of 0.83. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.61 average news sentiment score of Medical companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Immix Biopharma this week, compared to 1 article on an average week.

Search Interest

2 people have searched for IMMX on MarketBeat in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Immix Biopharma insiders have not sold or bought any company stock.

Percentage Held by Insiders

48.90% of the stock of Immix Biopharma is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 11.26% of the stock of Immix Biopharma is held by institutions.

IMMX Stock Analysis - Frequently Asked Questions

How have IMMX shares performed this year?

Immix Biopharma's stock was trading at $6.92 at the beginning of the year. Since then, IMMX stock has decreased by 68.6% and is now trading at $2.17.
View the best growth stocks for 2024 here.

How were Immix Biopharma's earnings last quarter?

Immix Biopharma, Inc. (NASDAQ:IMMX) released its quarterly earnings data on Tuesday, November, 12th. The company reported ($0.24) EPS for the quarter, missing the consensus estimate of ($0.16) by $0.08.

When did Immix Biopharma IPO?

Immix Biopharma (IMMX) raised $23 million in an initial public offering (IPO) on Thursday, December 16th 2021. The company issued 4,200,000 shares at a price of $5.00-$6.00 per share.

Who are Immix Biopharma's major shareholders?

Immix Biopharma's top institutional shareholders include Geode Capital Management LLC (0.55%) and Private Advisor Group LLC (0.13%). Insiders that own company stock include Ilya M Rachman, Sean Senn, Jason Hsu, Gabriel S Morris, Carey Ng, Helen C Adams and Magda Marquet.
View institutional ownership trends.

How do I buy shares of Immix Biopharma?

Shares of IMMX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Immix Biopharma own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Immix Biopharma investors own include NVIDIA (NVDA), Broadcom (AVGO), Arista Networks (ANET), Jabil (JBL), Disc Medicine (IRON), e.l.f. Beauty (ELF) and Adobe (ADBE).

Company Calendar

• Last Earnings: 11/12/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Medical
• Industry: Pharmaceutical preparations
• Sub-Industry: Pharmaceutical Products
• Current Symbol: NASDAQ:IMMX
• CUSIP: N/A
• CIK: 1873835
• Web: www.immixbio.com
• Phone: 310-651-8041
• Fax: N/A
• Employees: 9
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $7.00
• High Stock Price Target: $7.00
• Low Stock Price Target: $7.00
• Potential Upside/Downside: +222.6%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.85)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-15,430,000.00
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: -102.68%
• Return on Assets: -80.89%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 3.47
• Quick Ratio: 3.47

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.81 per share
• Price / Book: 2.68

Miscellaneous

• Outstanding Shares: 27,508,000
• Free Float: 14,057,000
• Market Cap: $59.69 million
• Optionable: Optionable
• Beta: 0.28