A new trading day began on Tuesday, with Imax Corp (NYSE: IMAX) stock price up 3.52% from the previous day of trading, before settling in for the closing price of $24.40. IMAX’s price has ranged from $13.20 to $26.84 over the past 52 weeks.
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A company in the Communication Services sector has jumped its sales by 13.80% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 17.42%. With a float of $42.22 million, this company’s outstanding shares have now reached $52.68 million.
In an organization with 697 employees, it is important to assess its efficiency. 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
As we move forward, let’s examine how large-scale investors are investing in this stock of the Entertainment Industry. The insider ownership of Imax Corp is 19.86%, while institutional ownership is 86.56%. 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
Here are Imax Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.17. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.85. Likewise, its price to free cash flow for the trailing twelve months is 24.33.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 0.51 million. That was inferior than the volume of 0.74 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 24.35%. Additionally, its Average True Range was 0.74.
During the past 100 days, Imax Corp’s (IMAX) raw stochastic average was set at 80.45%, which indicates a significant increase from 49.48% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.77% in the past 14 days, which was lower than the 35.50% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $24.06, while its 200-day Moving Average is $19.58. However, in the short run, Imax Corp’s stock first resistance to watch stands at $25.56. Second resistance stands at $25.85. The third major resistance level sits at $26.41. If the price goes on to break the first support level at $24.71, it is likely to go to the next support level at $24.15. The third support level lies at $23.86 if the price breaches the second support level.
Imax Corp (NYSE: IMAX) Key Stats
With a market capitalization of 1.33 billion, the company has a total of 52,683K Shares Outstanding. Currently, annual sales are 374,840 K while annual income is 25,340 K. The company’s previous quarter sales were 91,450 K while its latest quarter income was 13,900 K.
