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

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

Immersion Price Performance

NASDAQ IMMR opened at $8.58 on Wednesday. The company 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. The firm has a market capitalization 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.

Immersion (NASDAQ:IMMR) last announced its quarterly earnings data 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 net margin of 40.62% and a return on equity of 27.05%. Equities research analysts predict that Immersion will post 1.96 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, BWS Financial reaffirmed a “buy” rating and issued a $13.50 price target on shares of Immersion in a research note on Wednesday, December 18th.

About Immersion

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.