IMMR
Immersion Corporation Technology - Software - Application Investor Relations →
Immersion Corporation (IMMR) closed at $6.68 as of 2026-06-19, trading 3.6% below its 200-week moving average of $6.93. This places IMMR in the below line zone. The stock moved further from the line this week, up from -5.5% last week. The 14-week RSI sits at 57, indicating neutral momentum.
Trading volume is running at 1.1x of its 14-week average, which is in the normal range. The balance between buying and selling volume (1.00 ratio) is neutral — neither side is clearly dominating.
Over the past 1340 weeks of data, IMMR has crossed below its 200-week moving average 33 times. On average, these episodes lasted 22 weeks. Historically, investors who bought IMMR at the start of these episodes saw an average one-year return of +17.5%.
With a market cap of $221 million, IMMR is a small-cap stock. The stock trades at 0.8x book value.
The company has been aggressively buying back shares, reducing its share count by 5.5% over the past three years.
Over the past 25.8 years, a hypothetical investment of $100 in IMMR would have grown to $59, compared to $828 for the S&P 500. IMMR has returned -2.0% annualized vs 8.6% for the index, underperforming the broader market over this period.
Free cash flow has been declining at a -100% compound annual rate. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: IMMR vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After IMMR Crosses Below the Line?
Across 33 historical episodes, buying IMMR when it crossed below its 200-week moving average produced an average return of +19.4% after 12 months (median +12.0%), compared to +12.5% for the S&P 500 over the same periods. 65% of those episodes were profitable after one year. After 24 months, the average return was +22.1% vs +29.8% for the index.
Each line shows $100 invested at the moment IMMR crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Bean Score Experimental
The Bean Score measures how far a stock's free cash flow yield has deviated from its own quarterly baseline, normalized by the stock's historical behavior. Between earnings dates, FCF is constant — so the score is purely a function of stock price. The levels below show at what prices IMMR would reach each dislocation threshold.
Dislocation Price Levels
Prices where IMMR's Bean Score would hit each σ threshold. Valid until next earnings report: 2026-07-08.
| Level | σ | Price | Signal |
|---|---|---|---|
| Deep Value | +2σ | $5.59 | Unusually cheap — potential buy zone |
| Value | +1σ | $5.92 | Cheap vs. own history |
| Fair Value | +0σ | $6.29 | Historical mean behavior |
| Expensive | -1σ | $6.72 | Expensive vs. own history |
| Deep Expensive | -2σ | $7.20 | Unusually expensive — potential trim zone |
Quarterly FCF & Yield Trailing twelve-month free cash flow and yield at each quarter end
Signal Accuracy Collecting Data
The Bean Score system is accumulating weekly data to validate signal accuracy. After 13+ weeks of history, this section will display win rates and average returns for each σ threshold crossing — answering the question: "When this score says cheap or expensive, does the price subsequently move in the expected direction?"
Theoretical framework — not backtested or forward-tested. The Bean Score uses trailing twelve-month free cash flow yield as a dislocation identifier. It measures whether the market has pushed a stock's yield unusually far from its own baseline behavior. These levels are reference points for identifying potential swing trade opportunities, not buy/sell signals. FCF values update quarterly with earnings; between reports, all movement is price-driven.
Dislocation Scores Experimental
Each score measures deviation from IMMR's own historical baseline — the same idea as the Bean Score, applied to different fundamentals. Positive means cheaper or more dislocated than this stock's norm. Scores marked σ are normalized by the stock's own variability; pp values are simple deltas from its recent baseline.
Theoretical framework — not backtested. These scores describe how unusual today's readings are for this specific company. They are starting points for research, not buy or sell signals. Annual-statement scores (buyback, accruals, FCF vs history) rest on only ~4 yearly data points and are deltas, not sigmas.
Historical Touches
IMMR has crossed below its 200-week MA 33 times with an average 1-year return of +17.5% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Oct 2000 | Jan 2004 | 169 | 92.7% | -50.0% | -16.1% |
| Apr 2004 | Jun 2004 | 9 | 25.3% | +20.7% | +66.4% |
| Jul 2004 | Aug 2004 | 4 | 10.5% | +44.5% | +81.6% |
| Mar 2008 | Apr 2008 | 6 | 17.4% | -66.4% | -3.2% |
| Jun 2008 | Mar 2011 | 146 | 67.8% | -35.0% | -4.6% |
| Sep 2011 | Oct 2011 | 1 | 1.1% | -8.5% | +26.3% |
| Nov 2011 | Nov 2011 | 3 | 6.3% | -15.8% | +37.3% |
| Dec 2011 | Jan 2012 | 7 | 12.7% | +18.1% | +39.6% |
| Mar 2012 | Apr 2012 | 7 | 8.0% | +86.9% | +39.4% |
| May 2012 | Jun 2012 | 3 | 2.8% | +151.3% | +40.9% |
| Sep 2012 | Nov 2012 | 10 | 23.9% | +143.9% | +38.6% |
| Sep 2014 | Nov 2014 | 5 | 10.7% | +35.9% | -8.7% |
| Nov 2014 | Dec 2014 | 2 | 1.5% | +56.3% | -12.9% |
| Jan 2015 | Jan 2015 | 1 | 3.2% | -2.5% | -11.3% |
| Feb 2015 | Mar 2015 | 6 | 9.4% | -9.7% | -14.2% |
| Jan 2016 | Dec 2016 | 48 | 40.6% | +33.6% | -9.1% |
| Jan 2017 | Feb 2017 | 4 | 1.5% | -26.4% | -27.1% |
| Feb 2017 | Jan 2018 | 48 | 37.5% | +36.0% | -12.0% |
| Oct 2018 | Feb 2019 | 17 | 15.0% | -19.0% | -22.0% |
| Feb 2019 | Aug 2020 | 78 | 46.7% | -21.5% | -15.1% |
| Sep 2020 | Dec 2020 | 14 | 29.9% | -13.2% | -9.4% |
| Apr 2021 | Nov 2022 | 84 | 44.1% | -46.5% | -13.3% |
| Dec 2022 | Jan 2023 | 1 | 3.7% | +3.4% | +7.4% |
| Feb 2023 | Feb 2023 | 2 | 1.3% | +1.2% | +4.6% |
| Apr 2023 | May 2023 | 3 | 7.1% | +11.5% | +12.3% |
| Jun 2023 | Jun 2023 | 1 | 5.9% | +57.7% | +11.1% |
| Jul 2023 | Aug 2023 | 4 | 1.2% | +78.5% | +6.0% |
| Sep 2023 | Dec 2023 | 15 | 8.1% | +30.1% | +8.0% |
| Jan 2024 | Feb 2024 | 5 | 2.1% | +33.2% | +6.4% |
| Feb 2024 | Mar 2024 | 2 | 1.7% | +29.8% | +6.7% |
| Mar 2025 | Apr 2025 | 1 | 0.5% | -14.5% | +2.5% |
| Oct 2025 | Oct 2025 | 1 | 0.2% | N/A | +0.8% |
| Oct 2025 | Ongoing | 34+ | 19.9% | Ongoing | +2.2% |
| Average | 22 | — | +17.5% | — |
Frequently Asked Questions
Is IMMR below its 200-week moving average?
Yes. As of 2026-06-19, Immersion Corporation (IMMR) is trading 3.6% below its 200-week moving average of $6.93. The current price is $6.68.
What is IMMR's 200-week moving average price?
Immersion Corporation's 200-week moving average is $6.93 as of 2026-06-19. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when IMMR drops below its 200-week moving average?
IMMR has crossed below its 200-week moving average 33 times in our data. On average, buying at that moment produced a one-year return of +17.5%. These dips have historically been decent entry points. These episodes lasted 22 weeks on average.
Is IMMR a good value right now?
Here's what our data says about IMMR as of 2026-06-19: The stock is below its 200-week moving average, which is the starting point for our analysis. The 14-week RSI is 57. Price-to-book is 0.8x. This is not a buy or sell recommendation — always do your own research.
How does IMMR compare to the S&P 500?
Over the past 25.8 years, $100 invested in IMMR would have grown to $59, compared to $828 for the S&P 500. That's -2.0% annualized vs 8.6% for the index. IMMR has underperformed the broader market over this period.
Does IMMR pay a dividend?
Yes. Immersion Corporation currently pays a dividend yield of 459.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-06-19