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IMAC Holdings Inc: Weathering Stock Market Storms with 2.43M Market Cap

IMAC Holdings Inc’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $7.75 on 04/25/24 and a low of $0.47 for the same time frame on 01/24/25.

52-week price history of BACK Stock

Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. IMAC Holdings Inc’s current trading price is -90.67% away from its 52-week high, while its distance from the 52-week low is 53.77%. The stock’s price range during the 52-week period has remained between $0.47 and $7.75. In the Healthcare sector, the company’s shares saw a trading volume of around 0.76 million for the day, which was evidently lower than the average daily volume of 1.37 million over the past three months.

Market Capitalization and Financial Performance: An In-Depth Look

IMAC Holdings Inc (BACK) has experienced a quarterly decline of -35.47% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.43M and boasts a workforce of 4 employees.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 1.0983, with a change in price of -0.3473. Similarly, IMAC Holdings Inc recorded 860,042 in trading volume during the last 100 days, posting a change of -32.46%.

BACK Stock Stochastic Average

As of today, IMAC Holdings Inc’s raw stochastic average for the last 50 days stands at 23.18%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 23.18%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 18.13% and 15.32%, respectively.

BACK Stock Price Performance Analysis

The performance of the stock price over the year has been up and down, leaving investors with either an optimistic or pessimistic outlook, depending on how they interpret the data. The metric has seen a significant loss of -43.09% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -57.98%. Over the past 30 days, the price of BACK has leaped by -45.25%. And in the last five days, it has surged by 30.92%.

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