Immersion Co. (NASDAQ:IMMR) Declares $0.25 None Dividend

Immersion Co. (NASDAQ:IMMR) announced a None dividend on Friday, November 8th,Zacks Dividends reports. Stockholders of record on Friday, January 10th will be given 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 %

NASDAQ IMMR opened at $8.58 on Wednesday. The company has a market cap of $276.93 million, a price-to-earnings ratio of 4.19 and a beta of 1.50. Immersion has a 52 week low of $6.54 and a 52 week high of $13.94. The business has a 50 day moving average price of $8.82 and a 200-day moving average price of $9.43. The company has a quick ratio of 0.72, a current ratio of 1.55 and a debt-to-equity ratio of 0.44.

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

Analyst Ratings Changes

Separately, BWS Financial reiterated 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.