Immersion Co. (IMMR) to Issue None Dividend of $0.25 on January 24th

Immersion Co. (NASDAQ:IMMR) announced a None dividend on Friday, November 8th,Zacks Dividends reports. Stockholders of record on Friday, January 10th will be paid a dividend of 0.245 per share by the software maker on Friday, January 24th. The ex-dividend date of this dividend is Friday, January 10th.

Immersion Trading Down 0.8 %

Shares of NASDAQ IMMR opened at $8.58 on Wednesday. The company has a current ratio of 1.55, a quick ratio of 0.72 and a debt-to-equity ratio of 0.44. Immersion has a one year low of $6.54 and a one year high of $13.94. The business has a 50-day moving average price of $8.82 and a two-hundred day moving average price of $9.43. The firm has a market capitalization of $276.93 million, a PE ratio of 4.19 and a beta of 1.50.

Immersion (NASDAQ:IMMR) last posted its quarterly earnings results on Monday, December 16th. The software maker reported $0.83 EPS for the quarter, topping the consensus estimate of $0.15 by $0.68. Immersion had a net margin of 40.62% and a return on equity of 27.05%. As a group, analysts predict that Immersion will post 1.96 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, BWS Financial restated a “buy” rating and set a $13.50 price target on shares of Immersion in a report on Wednesday, December 18th.

Immersion Company Profile

Immersion Corporation, together with its subsidiaries, engages in the creation, design, development, and licensing of haptic technologies that allow people to use their sense of touch to engage with and experience various digital products in North America, Europe, and Asia. The company provides technology, patent, and combined licenses.