Integrated Media Technology Limited (NASDAQ: IMTE) is 51.20% higher on its value in year-to-date trading and has touched a low of $0.51 and a high of $3.84 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 IMTE stock was last observed hovering at around $2.10 in the last trading session, with the day’s loss setting it -0.21%.
Currently trading at $1.89, the stock is 63.60% and 52.36% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.89 million and changing -10.00% at the moment leaves the stock 33.29% off its SMA200. IMTE registered -23.30% loss for a year compared to 6-month loss of 48.82%. The firm has a 50-day simple moving average (SMA 50) of $1.24052 and a 200-day simple moving average (SMA200) of $1.40363.
The stock witnessed a 53.66% gain in the last 1 month and extending the period to 3 months gives it a 51.81%, and is 87.13% up 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 50.39% over the week and 16.93% over the month.
Integrated Media Technology Limited (IMTE) has around 11 employees, a market worth around $6.49M and $0.11M in sales. Profit margin for the company is -16408.81%. Distance from 52-week low is 270.52% and -50.78% from its 52-week high. The company has generated returns on investments over the last 12 months (-67.05%).
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Integrated Media Technology Limited (IMTE) Top Institutional Holders
The shares outstanding are 3.43M, and float is at 2.93M with Short Float at 0.33%.
Integrated Media Technology Limited (IMTE) Insider Activity
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