Imax Corp (IMAX) Recovers 48.18% From Low: Sitting In The Catbird Seat?

Imax Corp (NYSE:IMAX) at last check was buoying at $19.56 on Thursday, July 25, with a rise of 9.70% from its closing price on previous day.

Taking a look at stock we notice that its last check on previous day was $17.83. Company’s P/E ratio for the trailing 12 months is 41.23. Considering stock’s 52-week price range provides that IMAX hit a high price of $20.70 and saw its price falling to a low level of $13.20 during that period. Over a period of past 1-month, stock came adding 11.26% in its value.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

With its current market valuation of $1.03 billion. Analysts are in estimates of 0.07 per share for company’s earnings in the current quarter and are expecting its annual EPS growth moving up to 0.9 for current year with estimates of that growing to 1.15 in next year.

Analysts watching the company’s growth closely have provided estimates for its revenue growth with an average revenue estimate of 76.01M. They suggested that in the process company could generate revenue of as low as 71.63M which could climb up to 82.5M to hit a high. The average estimate is representing a decrease of -22.40% in sales growth from that of posted by the company in the same quarter of last year. In keeping analyst consensus estimate with, company is forecasted to be making an annual revenue of 376.21M in current fiscal year, which will be 0.40% more from revenue generated by the company last year.

In contrast, when we review IMAX stock’s current outlook then short term indicators are assigning it an average of 100% Buy, while medium term indicators are categorizing the stock at an average of 100% Buy. Long term indicators are suggesting an average of 100% Buy for it.

Digging deeper we become aware of the PEG ratio of the IMAX stock which is currently positioned at 2.06. It further provides that stock’s current price level is 13.88% away from its 20-day simple moving average and is 17.13% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 78.04 while volatility remained at 3.09% over the past week which changes to 3.10% when measuring it over the past month. Beta is valued at 1.25, while measure of average true range or ATR is currently at 0.69.

Having a second look at Imax Corp (NYSE:IMAX) provides that stock’s average daily trading volume for 3 months was 719.55K. Number of outstanding shares of the stock stood at 53.26 million.

The percentage of outstanding shares held by the insiders is 19.93% while it is 78.03% for the institutional holders. Addition of 30.23% by stock’s current price to its year-to-date value in today’s trading is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.

Most Popular