Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
IMAC Holdings Inc (NASDAQ: BACK) closed the day trading at $0.20 down -52.65% from the previous closing price of $0.42. In other words, the price has decreased by -$52.65 from its previous closing price. On the day, 5.79 million shares were traded. BACK stock price reached its highest trading level at $0.2 during the session, while it also had its lowest trading level at $0.1421.
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.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Apr 05 ’24 when Ruiz Jorge bought 1 shares for $2.69 per share. The transaction valued at 3 led to the insider holds 141,230 shares of the business.
Ruiz Jorge sold 5,000 shares of BACK for $15,000 on Mar 27 ’24. The 10% Owner now owns 141,229 shares after completing the transaction at $3.00 per share.
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 1421742 and an Enterprise Value of 1731588. Its current Enterprise Value per Revenue stands at 24.033 whereas that against EBITDA is -0.492.
Stock Price History:
The Beta on a monthly basis for BACK is 1.36, which has changed by -0.93442625 over the last 52 weeks, in comparison to a change of 0.10063088 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 $0.39. The 50-Day Moving Average of the stock is -71.62%, while the 200-Day Moving Average is calculated to be -84.60%.
Shares Statistics:
Over the past 3-months, BACK traded about 1.49M shares per day on average, while over the past 10 days, BACK traded about 807980 shares per day. A total of 3.37M shares are outstanding, with a floating share count of 3.10M. Insiders hold about 7.82% of the company’s shares, while institutions hold 1.46% stake in the company. Shares short for BACK as of 1740700800 were 135405 with a Short Ratio of 0.09, compared to 1738281600 on 401307. Therefore, it implies a Short% of Shares Outstanding of 135405 and a Short% of Float of 4.0700004.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
