4.49% volatility in Imax Corp (IMAX) last month: This is a red flag warning

On Tuesday, Imax Corp (NYSE: IMAX) was -7.76% drop from the session before settling in for the closing price of $24.47. A 52-week range for IMAX has been $14.94 – $27.77.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

It was noted that within the last five years, the titan of the Communication Services sector saw sales topped by 11.45%. When this article was written, the company’s average yearly earnings per share was at 26.32%. With a float of $42.19 million, this company’s outstanding shares have now reached $52.95 million.

The extent of productivity of a business whose workforce counts for 700 workers is very important to gauge. In terms of profitability, gross margin is 54.0%, operating margin of 12.45%, and the pretax margin is 10.7%.

Imax Corp (IMAX) Insider Updates

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Imax Corp stocks. The insider ownership of Imax Corp is 20.43%, while institutional ownership is 92.27%. The most recent insider transaction that took place on Feb 24 ’25, was worth 616,630. In this transaction Director of this company sold 23,000 shares at a rate of $26.81, taking the stock ownership to the 35,007 shares. Before that another transaction happened on Dec 09 ’24, when Company’s Chief Financial Officer & EVP sold 2,957 for $25.52, making the entire transaction worth $75,448. This insider now owns 14,883 shares in total.

Imax Corp (IMAX) Performance Highlights and Predictions

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.2 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 26.32% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 18.55% during the next five years compared to -8.74% drop over the previous five years of trading.

Imax Corp (NYSE: IMAX) Trading Performance Indicators

You can see what Imax Corp (IMAX) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.25. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.40. Likewise, its price to free cash flow for the trailing twelve months is 19.57.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.48, a number that is poised to hit 0.15 in the next quarter and is forecasted to reach 1.36 in one year’s time.

Technical Analysis of Imax Corp (IMAX)

The latest stats from [Imax Corp, IMAX] show that its last 5-days average volume of 1.53 million was superior to 0.8 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 15.19%. Additionally, its Average True Range was 1.25.

During the past 100 days, Imax Corp’s (IMAX) raw stochastic average was set at 9.88%, which indicates a significant decrease from 10.09% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.21% in the past 14 days, which was higher than the 32.42% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $25.41, while its 200-day Moving Average is $22.57. Now, the first resistance to watch is $24.66. This is followed by the second major resistance level at $26.75. The third major resistance level sits at $28.08. If the price goes on to break the first support level at $21.24, it is likely to go to the next support level at $19.91. Assuming the price breaks the second support level, the third support level stands at $17.82.

Imax Corp (NYSE: IMAX) Key Stats

There are 53,024K outstanding shares of the company, which has a market capitalization of 1.20 billion. As of now, sales total 352,210 K while income totals 26,060 K. Its latest quarter income was 92,670 K while its last quarter net income were 5,310 K.