Is CIMG Inc (NASDAQ: IMG) Still On The Rise?

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

Stocks Info

This NASDAQ-listed company operates within the Packaged Foods industry segment, falling under the Consumer Defensive sector. The current market capitalization of CIMG Inc is $7.66M. A total of 2.09 million shares were traded on the day, compared to an average of 8.34M shares.

In the most recent transaction, DYT INFO PTE. LTD. bought 701,754 shares of IMG for 0.57 per share on Oct 14 ’24. After the transaction, the 10% Owner now owns 1,496,159 company shares. In a previous transaction on Jul 24 ’24, Zhang Xiang sold 139,357 shares at 1.27 per share. IMG shares that 10% Owner owns now total 0.

Among the insiders who sold shares, Liu Yumei disposed of 83,615 shares on Jul 24 ’24 at a per-share price of $1.98. This resulted in the 10% Owner holding 542,517 shares of IMG after the transaction. In another insider transaction, Liu Yumei bought 542,517 shares at $1.47 per share on Jul 18 ’24. Company shares held by the 10% Owner now total 626,132.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, IMG has a high of $8.00 and a low of $0.25.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. IMG’s latest balance sheet shows that the firm has $10.82M in Cash & Short Term Investments as of fiscal 2021. There were $533.30k in debt and $1.15M in liabilities at the time. Its Book Value Per Share was -$0.08, while its Total Shareholder’s Equity was $12.21M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for IMG is Buy with a score of 0.00.

Most Popular

Related Posts