iFresh Inc. (IFMK) is priced at $1.48 after the most recent trading session. At the very opening of the session, the stock price was $1.20 and reached a high price of $1.44, prior to closing the session it reached the value of $1.35. The stock touched a low price of $1.19.
Recently in News on November 24, 2020, iFresh Announces Fiscal Second Quarter 2020 Financial Results. iFresh, Inc. (“iFresh” or the “Company”) (Nasdaq: IFMK), a leading Asian American grocery supermarket chain and online grocer, announced the financial results for its fiscal second quarter ended September 30, 2020. You can read further details here
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iFresh Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $1.6700 on 02/10/21, with the lowest value was $0.7798 for the same time period, recorded on 01/04/21.
iFresh Inc. (IFMK) full year performance was 193.48%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, iFresh Inc. shares are logging -47.70% during the 52-week period from high price, and 328.99% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $0.34 and $2.83.
The company’s shares, operating in the sector of Consumer Defensive managed to top a trading volume set approximately around 3169354 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the iFresh Inc. (IFMK) recorded performance in the market was 72.41%, having the revenues showcasing 74.94% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 39.80M, as it employees total of 276 workers.
Specialists analysis on iFresh Inc. (IFMK)
During the last month, 0 analysts gave the iFresh Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 0.8613, with a change in the price was noted +0.6833. In a similar fashion, iFresh Inc. posted a movement of +83.33% for the period of last 100 days, recording 541,062 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for IFMK is recording 2.87 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.26.
Trends and Technical analysis: iFresh Inc. (IFMK)
Raw Stochastic average of iFresh Inc. in the period of last 50 days is set at 81.82%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 79.92%. In the last 20 days, the company’s Stochastic %K was 62.96% and its Stochastic %D was recorded 51.97%.
Now, considering the stocks previous presentation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 72.41%. Additionally, trading for the stock in the period of the last six months notably improved by 32.35%, alongside a boost of 193.48% for the period of the last 12 months. The shares increased approximately by 28.57% in the 7-day charts and went down by 56.98% in the period of the last 30 days. Common stock shares were driven by 74.94% during last recorded quarter.