Published on 8 Jan 2024 on Simply Wall St. via Yahoo Finance
At US$6.89, Is Immersion Corporation (NASDAQ:IMMR) Worth Looking At Closely?
Immersion Corporation (NASDAQ:IMMR), might not be a large cap stock, but it saw a decent share price growth of 12% on the NASDAQGS over the last few months. Shareholders may appreciate the recent price jump, but the company still has a way to go before reaching its yearly highs again. As a small cap stock, hardly covered by any analysts, there is generally more of an opportunity for mispricing as there is less activity to push the stock closer to fair value. Is there still an opportunity here to buy? Let’s examine Immersion’s valuation and outlook in more detail to determine if there’s still a bargain opportunity.
Check out our latest analysis for Immersion
What Is Immersion Worth?