The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. This year’s metric has recorded a Price decrease of -34.72%. However, over the past six months, we’ve seen a stronger performance of -51.24%. The price of BACK leaped by -31.77% over the last 30 days. And in the last five days, it has fallen by -37.20%.
The market performance of IMAC Holdings Inc’s stock has been turbulent in recent times. Over the last year, the company’s stock reached its highest point at $7.75 on 04/25/24, while the lowest value for the same duration was $0.47 on 01/24/25.
52-week price history of BACK Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. IMAC Holdings Inc’s current trading price is -89.30% away from its 52-week high, while its distance from the 52-week low is 76.38%. The stock’s price range during this period has varied between$0.47 and $7.75. The IMAC Holdings Inc’s shares, which operate in the Healthcare, saw a trading volume of around 4.1 million for the day, a figure considerably higher than their average daily volume of 62830.0 over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
IMAC Holdings Inc (BACK) has experienced a quarterly decline of -40.36% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.68M and boasts a workforce of 4 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.2144, with a change in price of -0.8010. Similarly, IMAC Holdings Inc recorded 116,989 in trading volume during the last 100 days, posting a change of -49.14%.
BACK Stock Stochastic Average
As of today, IMAC Holdings Inc’s raw stochastic average for the last 50 days stands at 36.63%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 36.63%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 22.18% and 34.64%, respectively.
