Imax Corp (NYSE: IMAX) on Monday, plunged -3.23% from the previous trading day, before settling in for the closing price of $26.03. Within the past 52 weeks, IMAX’s price has moved between $13.20 and $26.84.
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Annual sales at Communication Services sector company grew by 13.80% over the past five years. The company achieved an average annual earnings per share of 17.42%. With a float of $42.22 million, this company’s outstanding shares have now reached $52.68 million.
Let’s look at the performance matrix of the company that is accounted for 697 employees. In terms of profitability, gross margin is 52.86%, operating margin of 12.13%, and the pretax margin is 8.92%.
Imax Corp (IMAX) Insider and Institutional Ownership
Observing investor behavior towards Entertainment industry stocks is more important than anything else. The insider ownership of Imax Corp is 19.86%, while institutional ownership is 86.44%. The most recent insider transaction that took place on Dec 09 ’24, was worth 75,448. In this transaction Chief Financial Officer & EVP of this company sold 2,957 shares at a rate of $25.52, taking the stock ownership to the 14,883 shares. Before that another transaction happened on Dec 09 ’24, when Company’s Deputy GC, Corp. Sec. & CCO sold 6,309 for $25.51, making the entire transaction worth $160,927. This insider now owns 25,139 shares in total.
Imax Corp (IMAX) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 17.42% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 21.20% during the next five years compared to 4.87% growth over the previous five years of trading.
Imax Corp (NYSE: IMAX) Trading Performance Indicators
Imax Corp (IMAX) is currently performing well based on its current performance indicators. A quick ratio of 1.17 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.87. Likewise, its price to free cash flow for the trailing twelve months is 24.42.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.43, a number that is poised to hit 0.42 in the next quarter and is forecasted to reach 1.28 in one year’s time.
Technical Analysis of Imax Corp (IMAX)
Imax Corp (NYSE: IMAX) saw its 5-day average volume 0.49 million, a negative change from its year-to-date volume of 0.75 million. As of the previous 9 days, the stock’s Stochastic %D was 32.01%. Additionally, its Average True Range was 0.74.
During the past 100 days, Imax Corp’s (IMAX) raw stochastic average was set at 79.58%, which indicates a significant increase from 10.59% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.37% in the past 14 days, which was lower than the 35.74% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $23.51, while its 200-day Moving Average is $19.34. Nevertheless, the first resistance level for the watch stands at $25.94 in the near term. At $26.69, the stock is likely to face the second major resistance level. The third major resistance level sits at $27.11. If the price goes on to break the first support level at $24.77, it is likely to go to the next support level at $24.35. The third support level lies at $23.60 if the price breaches the second support level.
Imax Corp (NYSE: IMAX) Key Stats
Market capitalization of the company is 1.34 billion based on 52,683K outstanding shares. Right now, sales total 374,840 K and income totals 25,340 K. The company made 91,450 K in profit during its latest quarter, and 13,900 K in sales during its previous quarter.
