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

Immersion Co. (NASDAQ:IMMR) declared a None dividend on Friday, November 8th,Zacks Dividends reports. Shareholders 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 is Friday, January 10th.

Immersion Trading Down 0.8 %

NASDAQ:IMMR opened at $8.58 on Wednesday. The firm has a market capitalization of $276.93 million, a P/E ratio of 4.19 and a beta of 1.50. The business has a 50 day simple moving average of $8.82 and a 200 day simple moving average of $9.43. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.55 and a quick ratio of 0.72. Immersion has a 12-month low of $6.54 and a 12-month high of $13.94.

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, beating 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%. Equities research analysts predict that Immersion will post 1.96 EPS for the current year.

Wall Street Analyst Weigh In

Separately, BWS Financial restated a “buy” rating and issued a $13.50 price target on shares of Immersion in a research note 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.