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Imax Corp (NYSE: IMAX) closed the day trading at $24.02 down -4.42% from the previous closing price of $25.13. In other words, the price has decreased by -$4.42 from its previous closing price. On the day, 0.62 million shares were traded. IMAX stock price reached its highest trading level at $25.15 during the session, while it also had its lowest trading level at $24.01.
Ratios:
For a better understanding of IMAX, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.12 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.16. For the most recent quarter (mrq), Quick Ratio is recorded 1.17 and its Current Ratio is at 1.34. In the meantime, Its Debt-to-Equity ratio is 0.99 whereas as Long-Term Debt/Eq ratio is at 0.83.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Seaport Research Partners on July 24, 2024, initiated with a Buy rating and assigned the stock a target price of $23.
On April 21, 2023, Barrington Research reiterated its Outperform rating and also lowered its target price recommendation from $22 to $24.
B. Riley Securities reiterated its Buy rating for the stock on December 05, 2022, while the target price for the stock was revised from $20 to $23.
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 Dec 09 ’24 when Fernandes Natasha sold 2,957 shares for $25.52 per share. The transaction valued at 75,448 led to the insider holds 14,883 shares of the business.
Weissman Kenneth Ian sold 6,309 shares of IMAX for $160,927 on Dec 09 ’24. The Deputy GC, Corp. Sec. & CCO now owns 25,139 shares after completing the transaction at $25.51 per share. On Dec 09 ’24, another insider, WELTON MARK, who serves as the President, IMAX Theatres of the company, sold 39,432 shares for $25.51 each. As a result, the insider received 1,005,741 and left with 111,315 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IMAX now has a Market Capitalization of 1265436032 and an Enterprise Value of 1526888064. As of this moment, Imax’s Price-to-Earnings (P/E) ratio for their current fiscal year is 55.67, and their Forward P/E ratio for the next fiscal year is 18.74. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.63. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.66 while its Price-to-Book (P/B) ratio in mrq is 4.37. Its current Enterprise Value per Revenue stands at 4.419 whereas that against EBITDA is 19.316.
Stock Price History:
The Beta on a monthly basis for IMAX is 1.23, which has changed by 0.72596157 over the last 52 weeks, in comparison to a change of 0.24933672 over the same period for the S&P500. Over the past 52 weeks, IMAX has reached a high of $26.84, while it has fallen to a 52-week low of $13.20. The 50-Day Moving Average of the stock is -2.58%, while the 200-Day Moving Average is calculated to be 20.81%.
Shares Statistics:
Over the past 3-months, IMAX traded about 607.04K shares per day on average, while over the past 10 days, IMAX traded about 525980 shares per day. A total of 52.68M shares are outstanding, with a floating share count of 42.22M. Insiders hold about 19.86% of the company’s shares, while institutions hold 86.59% stake in the company. Shares short for IMAX as of 1734048000 were 4148636 with a Short Ratio of 6.83, compared to 1731628800 on 4746535. Therefore, it implies a Short% of Shares Outstanding of 4148636 and a Short% of Float of 9.7600006.
