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IMAC Holdings Inc (NASDAQ: BACK) closed the day trading at $0.62 down -2.81% from the previous closing price of $0.64. In other words, the price has decreased by -$2.81 from its previous closing price. On the day, 0.51 million shares were traded. BACK stock price reached its highest trading level at $0.6889 during the session, while it also had its lowest trading level at $0.61.
Ratios:
For a better understanding of BACK, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.08 and its Current Ratio is at 0.08.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BACK now has a Market Capitalization of 1262572 and an Enterprise Value of 1314522.
Stock Price History:
The Beta on a monthly basis for BACK is 0.18, which has changed by -0.66559136 over the last 52 weeks, in comparison to a change of 0.22208416 over the same period for the S&P500. Over the past 52 weeks, BACK has reached a high of $7.75, while it has fallen to a 52-week low of $0.47. The 50-Day Moving Average of the stock is -45.50%, while the 200-Day Moving Average is calculated to be -65.68%.
Shares Statistics:
Over the past 3-months, BACK traded about 1.17M shares per day on average, while over the past 10 days, BACK traded about 6996380 shares per day. A total of 2.01M shares are outstanding, with a floating share count of 1.91M. Insiders hold about 6.06% of the company’s shares, while institutions hold 2.63% stake in the company. Shares short for BACK as of 1732838400 were 32145 with a Short Ratio of 0.04, compared to 1730332800 on 30336. Therefore, it implies a Short% of Shares Outstanding of 32145 and a Short% of Float of 1.7399999999999998.
