Imax Corp (NYSE: IMAX) is 1.86% higher on its value in year-to-date trading and has touched a low of $13.20 and a high of $20.70 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The IMAX stock was last observed hovering at around $15.67 in the last trading session, with the day’s loss setting it -0.37%.
Currently trading at $15.30, the stock is -5.97% and -7.70% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.59 million and changing -2.36% at the moment leaves the stock -7.80% off its SMA200. IMAX registered -16.44% loss for a year compared to 6-month gain of -4.08%.
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The stock witnessed a -13.51% loss in the last 1 month and extending the period to 3 months gives it a -9.09%, and is -2.61% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.80% over the week and 3.02% over the month.
Imax Corp (IMAX) has around 697 employees, a market worth around $805.09M and $367.02M in sales. Current P/E ratio is 32.25 and Fwd P/E is 12.86. Profit margin for the company is 7.13%. Distance from 52-week low is 15.91% and -26.09% from its 52-week high. The company has generated returns on investments over the last 12 months (5.25%).
The EPS is expected to grow by 0.40% this year
The shares outstanding are 53.26M, and float is at 42.44M with Short Float at 10.41%.
Imax Corp (IMAX) Insider Activity
The most recent transaction is an insider sale by PABLO CALAMERA, the company’s CTO & EVP. SEC filings show that PABLO CALAMERA sold 6,130 shares of the company’s common stock on Apr 26 ’24 at a price of $17.05 per share for a total of $0.1 million. Following the sale, the insider now owns 42269.0 shares.
Imax Corp disclosed in a document filed with the SEC on Mar 14 ’24 that LISTER ROBERT D (Chief Legal & Sr Exec VP) sold a total of 25,000 shares of the company’s common stock. The trade occurred on Mar 14 ’24 and was made at $16.87 per share for $0.42 million. Following the transaction, the insider now directly holds 0.14 million shares of the IMAX stock.
Still, SEC filings show that on Jul 28 ’23, PABLO CALAMERA (CTO & EVP) disposed off 3,516 shares at an average price of $18.98 for $66734.0. The insider now directly holds 30,813 shares of Imax Corp (IMAX).
