IMAC Holdings Inc (NASDAQ: BACK) is -42.13% lower on its value in year-to-date trading and has touched a low of $0.76 and a high of $7.75 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BACK stock was last observed hovering at around $0.78 in the last trading session, with the day’s loss setting it -0.05%.
Currently trading at $0.73, the stock is -41.04% and -37.30% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.31 million and changing -5.78% at the moment leaves the stock -60.64% off its SMA200. BACK registered -64.84% loss for a year compared to 6-month loss of -59.17%. The firm has a 50-day simple moving average (SMA 50) of $1.1721 and a 200-day simple moving average (SMA200) of $1.866985.
The stock witnessed a -39.26% gain in the last 1 month and extending the period to 3 months gives it a -48.25%, and is -44.33% 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 34.46% over the week and 16.03% over the month.
Distance from 52-week low is -3.32% and -90.52% from its 52-week high.
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IMAC Holdings Inc (BACK) Top Institutional Holders
9.0 institutions hold shares in IMAC Holdings Inc (BACK), with institutional investors hold 3.40% of the company’s shares. The shares outstanding are 2.01M, and float is at 1.91M with Short Float at 1.94%. Institutions hold 3.10% of the Float.
IMAC Holdings Inc (BACK) Insider Activity
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