CIMG Inc [NASDAQ: IMG] surged by $0.02 during the normal trading session on Thursday and reaching a high of $0.2621 during the day while it closed the day at $0.25.
CIMG Inc stock has also loss -8.14% of its value over the past 7 days. However, IMG stock has declined by -59.22% in the 3 months of the year. Over the past six months meanwhile, it has lost -63.52% and lost -93.11% year-on date.
The market cap for IMG stock reached $9.02 million, with 36.40 million shares outstanding and 5.38 million shares in the current float. Compared to the average trading volume of 548.03K shares, IMG reached a trading volume of 4920665 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about 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 trade performance evaluation
CIMG Inc [IMG] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -8.14. With this latest performance, IMG shares dropped by -11.11% in over the last four-week period, additionally sinking by -63.52% over the last 6 months – not to mention a drop of -66.03% 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 37.58, with the RSI for the last a single of trading hit 0.0282, and the three-weeks RSI is set at 0.0337 for CIMG Inc [IMG]. The present Moving Average for the last 50 days of trading for this stock 0.3352, while it was recorded at 0.2463 for the last single week of trading, and 0.5978 for the last 200 days.
CIMG Inc [IMG]: An insightful look at the core 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]: Institutional Ownership
There are presently around $0.17%, or 1.17%% of IMG stock, in the hands of institutional investors.
