Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Imax Corp’s current trading price is 8.43% away from its 52-week high, while its distance from the 52-week low is 81.78%. The stock’s price range during this period has varied between $13.20 and $22.13. The company, active in the Communication Services sector, saw a trading volume of around 1.01 million for the day, considerably higher average daily volume of 0.63 million observed over the last three months.
The stock market performance of Imax Corp has been very steady. Over the last year, the company’s stock hit its highest at $22.13 on 10/31/24, while the lowest price during the same time frame was $13.20, recorded on 02/06/24.
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How Financial Performance Impacts Market Capitalization
Imax Corp (IMAX) has experienced a quarterly rise of 12.65% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.26B and boasts a workforce of 697 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 19.46, with a change in price of +8.60. Similarly, Imax Corp recorded 698,122 in trading volume during the last 100 days, posting a change of +56.65%.
How IMAX’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for IMAX stands at 1.10. Similarly, the long-term debt-to-equity ratio is also 0.90.
IMAX Stock Stochastic Average
As of today, the raw stochastic average of Imax Corp over the past 50 days is 99.41%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 99.35%. Additionally, the Stochastic %K and %D values for the company were 87.20% and 71.54%, respectively, over the past 20 days.
IMAX Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. The index has shown a price gain of 59.75% this year. Over the last six months, there has been a weaker performance of 46.49%. The price of IMAX fallen by 17.11% during the last 30 days period. For the last 5-days stocks have improved 19.56%.
