Intermolecular (IMI) – ($8.30) has been downgraded to Hold from Buy rating according to ValuEngine with fair value at $7.65, which makes the stock 12.3% overvalued. The one-year price target is $8.88. ValuEngine Profile – “Intermolecular, Inc. provides high productivity combinatorial technology products and services in order to accelerate research and development, innovation and time-to-market for the semiconductor and clean-energy industries. It also develops technology and intellectual property for its customers. The Company's customers include semiconductor device, semiconductor materials and equipment, and clean-energy companies. Intermolecular, Inc. is headquartered in San Jose, California.”
Analysis – The daily chart for IMI shows flat momentum with the stock above its 200-day simple moving average at $8.27 and below its 21-day and 50-day simple moving averages at $8.36 and $9.00. My weekly value level is $7.36 with a monthly risky level at $9.64.
Courtesy of Thomson / Reuters
Ticker
Company Name
Mkt Price
Fair Value
One-Year Price Target
Last 12-Mon Retn (%)
5-Yr Avg Retn (%)
P/E Ratio
IMI
INTERMOLECULAR
8.30
7.65
8.88
29.76
n/a
117.14
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