CIMG Inc [NASDAQ: IMG] price plunged by -3.10 percent to reach at -$0.01.
A sum of 3806803 shares traded at recent session while its average daily volume was at 725.72K shares. CIMG Inc shares reached a high of $0.2039 and dropped to a low of $0.1909 until finishing in the latest session at $0.2.
The one-year IMG stock forecast points to a potential upside of 97.5. The average equity rating for IMG stock is currently 1.00, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on CIMG Inc [IMG]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for IMG shares is $8.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on IMG stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
IMG Stock Performance Analysis:
CIMG Inc [IMG] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -11.89. With this latest performance, IMG shares dropped by -12.66% in over the last four-week period, additionally sinking by -72.22% over the last 6 months – not to mention a drop of -72.60% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for IMG stock in for the last two-week period is set at 27.06, with the RSI for the last a single of trading hit 0.0283, and the three-weeks RSI is set at 0.0329 for CIMG Inc [IMG]. The present Moving Average for the last 50 days of trading for this stock 0.3113, while it was recorded at 0.2197 for the last single week of trading, and 0.5944 for the last 200 days.
Insight into CIMG Inc Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and CIMG Inc [IMG] shares currently have an operating margin of -419.43% and a Gross Margin at 3.56%. CIMG Inc’s Net Margin is presently recorded at -482.31%.
CIMG Inc (IMG) Capital Structure & Debt Analysis
CIMG Inc (IMG) Efficiency & Liquidity Metrics
CIMG Inc (IMG) Efficiency & Liquidity Metrics
From an operational efficiency perspective, CIMG Inc. (IMG) effectively leverages its workforce, generating an average of -$741764.71 per employee. The company’s liquidity position is robust, with a Current Ratio of 0.87% and a Quick Ratio of 0.14%, indicating strong ability to cover short-term liabilities.
CIMG Inc [IMG] Institutonal Ownership Details
There are presently around $0.17%, or 1.17%% of IMG stock, in the hands of institutional investors.
