How to Buy Imperial Petroleum /Marshall Islands Stock
Imperial Petroleum Inc/Marshall Islands
Imperial Petroleum Inc. provides international seaborne transportation services to oil producers, refineries, and commodities traders.
Imperial Petroleum /Marshall Islands stock last closed at $2.54, up 3.25% from the previous day, and has decreased 21.85% in one year. It has underperformed other stocks in the Oil & Gas Midstream industry by 0.28 percentage points. Imperial Petroleum /Marshall Islands stock is currently +19.98% from its 52-week low of $2.12, and -44.66% from its 52-week high of $4.59.
At the moment, there are 32.73M IMPP shares outstanding. The market value of IMPP is $83.13M. In the last 24 hours, 130,140 IMPP shares were traded.
How to Buy Imperial Petroleum /Marshall Islands Stock
Not sure how to invest in Imperial Petroleum /Marshall Islands stock? Here's how.
- Decide where to buy Imperial Petroleum /Marshall Islands stock: You need to pick an online brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you figure out where to buy Imperial Petroleum /Marshall Islands stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Fund your investment account: Choose your payment method and add your information.
- Evaluate Imperial Petroleum /Marshall Islands stock: The Imperial Petroleum /Marshall Islands ticker symbol is IMPP. Is Imperial Petroleum /Marshall Islands stock a good investment? Should you buy shares of IMPP? How do IMPP's underlying business fundamentals look? Do top analysts think Imperial Petroleum /Marshall Islands is a good buy? Why has IMPP's stock price moved recently? (Hint: Our stock market analysis website can help you understand if IMPP is a good stock to buy).
- Execute your IMPP buy order: Decide if you will purchase IMPP shares at the current market price or use a limit order to buy IMPP stock at a particular price.
- Get the latest scoop on your investment in IMPP: Create a watchlist to keep track of your position in Imperial Petroleum /Marshall Islands stock.
Step 1: Decide where to buy Imperial Petroleum /Marshall Islands stock
You need a brokerage account in order to access the NASDAQ market and buy IMPP shares.
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Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen the right brokerage, it's time to fill out some personal information so you are able to invest in IMPP stock today.
How to Set Up a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to create your new trading account.
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Step 3: Fund your investment account
Now that you have opened your account on the best stock investing app, you can securely and quickly fund your account:
Check out the walkthrough below for more details depositing money into your new brokerage account.
Step 4: Evaluate Imperial Petroleum /Marshall Islands stock
After you have figured out the best place to buy Imperial Petroleum /Marshall Islands stock, it's critical to analyze their stock prior to investing, so you can comprehend the risk as well as the upside.
Imperial Petroleum /Marshall Islands quick stats
Fundamentals of IMPP
WallStreetZen was created to help part-time investors perform better fundamental analysis.
You can view all of the due diligence checks on IMPP's stock page.
Is IMPP stock undervalued?
Analysts use many financial metrics, analyses, models, and charts to gauge IMPP's true value.
Using relative valuations metrics:
- IMPP may be undervalued based on its P/E ratio of 1.65x, relative to Oil & Gas Midstream industry P/E ratio of 19.46x
- IMPP may be undervalued based on its P/B ratio of 0.2x, relative to Oil & Gas Midstream industry P/B ratio of 2.77x
You can access additional valuation analysis on IMPP's stock here.
IMPP Financial Health
Positive Health Checks:
- IMPP has a low debt to equity ratio of 0.07.
- IMPP earnings of $50.56M is not enough to cover its interest payments.
- There are more short-term assets than short-term liabilities on the IMPP balance sheet.
- There are more short-term assets than long-term liabilities on the IMPP balance sheet.
- IMPP's operating cash flow of $77.70M allows it to safely service it's debt of $78.76k.
Negative Health Checks:
- IMPP profit margin has gone down from 38.7% to 34% in the past year.
- Total IMPP debt is higher than 5 years ago, relative to shareholder equity.
Metrics for Advanced IMPP Traders
IMPP Earnings
Last year, IMPP earnings were $50.16M. In the last two year, IMPP's earnings have increased by -27% per year. This was slower than the Oil & Gas Midstream industry average of 11.77%.
Last year, IMPP revenue was $147.48M. Over the last five year, IMPP's revenue has grown by 61.73% per year. This was faster than the Oil & Gas Midstream industry average of 7.02%.
Dive into IMPP's earnings and revenue performance here.
Are IMPP insiders buying or selling the stock?
In the last 12 months, insiders at IMPP have not bought or sold any shares.
Research more about who owns IMPP stock here.
Does IMPP stock generate passive income?
No, Imperial Petroleum /Marshall Islands doesn't provide an income stream by paying out dividends.
What others are saying about IMPP
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Execute your IMPP buy order
There are two primary order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally the best for newer investors. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a given dollar amount limit, place a limit order.
Hit the Open Trade button and eToro will place your order.
If you want more help investing in stocks on eToro, click the how to video below:
Step 6: Get the latest scoop on your investment in IMPP
Now that you own some IMPP stock, you'll want to stay up-to-date on your new company.
Start a watchlist to get the latest updates about your IMPP stock.
IMPP Feed
How to Buy Stock in Imperial Petroleum /Marshall Islands
To summarize, here are the 6 steps you need to take to buy Imperial Petroleum /Marshall Islands stock right now:
- Decide where to buy Imperial Petroleum /Marshall Islands stock
- Create a brokerage account
- Fund your investment account
- Evaluate Imperial Petroleum /Marshall Islands stock
- Execute your IMPP buy order
- Get the latest scoop on your investment in IMPP
If you require a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to keep tabs on your investment in Imperial Petroleum /Marshall Islands, get started below.
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