Intermolecular, Inc. (IMI) Set to Announce Quarterly Earnings on Thursday
Intermolecular, Inc. (NASDAQ:IMI) is scheduled to be announcing its earnings results after the market closes on Thursday, November 2nd. Analysts expect the company to announce earnings of ($0.05) per share for the quarter.
Intermolecular, Inc. (NASDAQ:IMI) opened at 1.13 on Thursday. Intermolecular, Inc. has a 52 week low of $0.78 and a 52 week high of $1.20. The stock’s market cap is $56.00 million. The stock’s 50 day moving average is $1.02 and its 200 day moving average is $0.93.
In other news, major shareholder Lloyd I. Miller III purchased 34,109 shares of the company’s stock in a transaction that occurred on Friday, September 1st. The shares were bought at an average price of $0.86 per share, for a total transaction of $29,333.74. Following the completion of the transaction, the insider now owns 70,368 shares in the company, valued at $60,516.48. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In the last 90 days, insiders have purchased 38,930 shares of company stock worth $33,480. 45.40% of the stock is owned by company insiders.
Intermolecular Company Profile
Intermolecular, Inc provides thin film solutions. The Company’s high productivity combinatorial (HPC) platform, which consists of its tempus processing tools, its automated characterization methods, and its Informatics analysis software, is purpose-built for research and development (R&D) using combinatorial process systems.
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