Imax Corp (NYSE: IMAX) kicked off on Tuesday, up 1.69% from the previous trading day, before settling in for the closing price of $17.15. Over the past 52 weeks, IMAX has traded in a range of $13.20-$21.82.
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Annual sales at Communication Services sector company grew by 13.80% over the past five years. While this was happening, its average annual earnings per share was recorded -0.13%. With a float of $42.57 million, this company’s outstanding shares have now reached $53.26 million.
Let’s look at the performance matrix of the company that is accounted for 697 employees.
Imax Corp (IMAX) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Entertainment Industry. The insider ownership of Imax Corp is 19.61%, while institutional ownership is 76.91%. The most recent insider transaction that took place on Mar 14 ’24, was worth 421,825. In this transaction Chief Legal & Sr Exec VP of this company sold 25,000 shares at a rate of $16.87, taking the stock ownership to the 138,889 shares. Before that another transaction happened on Jul 28 ’23, when Company’s CTO & EVP sold 3,516 for $18.98, making the entire transaction worth $66,734. This insider now owns 30,813 shares in total.
Imax Corp (IMAX) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -0.13% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 20.00% during the next five years compared to 4.87% growth over the previous five years of trading.
Imax Corp (NYSE: IMAX) Trading Performance Indicators
Take a look at Imax Corp’s (IMAX) current performance indicators. Last quarter, stock had a quick ratio of 1.18. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.46. Likewise, its price to free cash flow for the trailing twelve months is 17.88.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.46, a number that is poised to hit 0.20 in the next quarter and is forecasted to reach 1.21 in one year’s time.
Technical Analysis of Imax Corp (IMAX)
Imax Corp (NYSE: IMAX) saw its 5-day average volume 0.79 million, a negative change from its year-to-date volume of 0.83 million. As of the previous 9 days, the stock’s Stochastic %D was 85.62%. Additionally, its Average True Range was 0.46.
During the past 100 days, Imax Corp’s (IMAX) raw stochastic average was set at 95.60%, which indicates a significant decrease from 98.72% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.58% in the past 14 days, which was lower than the 31.72% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $16.19, while its 200-day Moving Average is $16.90. Nevertheless, the first resistance level for the watch stands at $17.59 in the near term. At $17.73, the stock is likely to face the second major resistance level. The third major resistance level sits at $18.01. If the price goes on to break the first support level at $17.17, it is likely to go to the next support level at $16.89. The third support level lies at $16.75 if the price breaches the second support level.
Imax Corp (NYSE: IMAX) Key Stats
The company with the Market Capitalisation of 923.45 million has total of 52,951K Shares Outstanding. Its annual sales at the moment are 374,840 K in contrast with the sum of 25,340 K annual income. Company’s last quarter sales were recorded 86,020 K and last quarter income was 2,540 K.
