For the readers interested in the stock health of Integrated Media Technology Limited (IMTE). It is currently valued at $6.92. When the transactions were called off in the previous session, Stock hit the highs of $7.0886, after setting-off with the price of $6.02. Company’s stock value dipped to $5.99 during the trading on the day. When the trading was stopped its value was $6.08.Recently in News on January 5, 2022, IMTE raise funds to support the acquisition and building out of manufacturing infrastructure. Integrated Media Technology Limited (“IMTE” or “Company”) (Nasdaq:IMTE), informs that the Company raise funds to support the acquisition and building out of manufacturing infrastructure. You can read further details here
Integrated Media Technology Limited had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $7.09 on 01/12/22, with the lowest value was $4.28 for the same time period, recorded on 01/03/22.
Integrated Media Technology Limited (IMTE) full year performance was 65.16%
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, Integrated Media Technology Limited shares are logging -35.15% during the 52-week period from high price, and 109.38% 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 $3.31 and $10.67.
The company’s shares, operating in the sector of Communication Services managed to top a trading volume set approximately around 776712 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 Integrated Media Technology Limited (IMTE) recorded performance in the market was 54.81%, having the revenues showcasing 39.24% 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 64.56M, as it employees total of 15 workers.
Market experts do have their say about Integrated Media Technology Limited (IMTE)
During the last month, 0 analysts gave the Integrated Media Technology Limited 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 4.92, with a change in the price was noted +2.86. In a similar fashion, Integrated Media Technology Limited posted a movement of +70.44% for the period of last 100 days, recording 537,167 in trading volumes.
Technical breakdown of Integrated Media Technology Limited (IMTE)
Raw Stochastic average of Integrated Media Technology Limited in the period of last 50 days is set at 80.06%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 80.06%. In the last 20 days, the company’s Stochastic %K was 57.10% and its Stochastic %D was recorded 40.42%.
Bearing in mind the latest performance of Integrated Media Technology Limited, several 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 54.81%. Additionally, trading for the stock in the period of the last six months notably improved by 73.43%, alongside a boost of 65.16% for the period of the last 12 months. The shares increased approximately by 53.44% in the 7-day charts and went down by 54.12% in the period of the last 30 days. Common stock shares were driven by 39.24% during last recorded quarter.