The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
The closing price of CIMG Inc (NASDAQ: IMG) was $0.76 for the day, up 7.11% from the previous closing price of $0.71. In other words, the price has increased by $7.11 from its previous closing price. On the day, 0.36 million shares were traded. IMG stock price reached its highest trading level at $0.795 during the session, while it also had its lowest trading level at $0.7.
Ratios:
Our analysis of IMG’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.36 and its Current Ratio is at 0.71.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Oct 14 ’24 when DYT INFO PTE. LTD. bought 701,754 shares for $0.57 per share. The transaction valued at 400,000 led to the insider holds 1,496,159 shares of the business.
Zhang Xiang sold 139,357 shares of IMG for $176,983 on Jul 24 ’24. The 10% Owner now owns 0 shares after completing the transaction at $1.27 per share. On Jul 24 ’24, another insider, Liu Yumei, who serves as the 10% Owner of the company, sold 83,615 shares for $1.98 each. As a result, the insider received 165,558 and left with 542,517 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, IMG now has a Market Capitalization of 7603947 and an Enterprise Value of 3777187. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.44. Its current Enterprise Value per Revenue stands at 0.998 whereas that against EBITDA is -0.473.
Stock Price History:
Over the past 52 weeks, IMG has reached a high of $8.00, while it has fallen to a 52-week low of $0.25. The 50-Day Moving Average of the stock is 5.06%, while the 200-Day Moving Average is calculated to be -42.95%.
Shares Statistics:
IMG traded an average of 8.46M shares per day over the past three months and 4760840 shares per day over the past ten days. A total of 9.94M shares are outstanding, with a floating share count of 4.45M. Insiders hold about 55.18% of the company’s shares, while institutions hold 1.42% stake in the company. Shares short for IMG as of 1735603200 were 222975 with a Short Ratio of 0.03, compared to 1732838400 on 494722. Therefore, it implies a Short% of Shares Outstanding of 222975 and a Short% of Float of 2.9499999999999997.
