Stocks Under $10: Intermolecular

Richard Suttmeier |

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

 

If you have any questions, please contact me at Rsuttmeier@gmail.com.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Companies

Symbol Name Price Change % Volume
PVBC Provident Bancorp Inc. 15.83 0.00 0.00 0

Comments

Emerging Growth

Nano One Materials Corp.

Nano One Materials Corp is a technology company. The Company manufactures storage materials for lithium ion batteries.

Private Markets

Ozobot by Evollve Inc

Ozobot is a world leader in compact super intelligent robots that entertain and educate through fun interactive gaming.

8tracks

Our mission is to be the best place for people who care about music to create and discover thoughtfully curated playlists. In essence, 8tracks is a platform for online mixtapes.