iFresh Inc. (NASDAQ:IFMK) has a beta value of -3.23 and has seen 579,373 shares traded in the last trading session. The company, currently valued at $23.73 Million, closed the last trade at $0.76 per share which meant it gained $0.04 on the day or 5.56% during that session. The IFMK stock price is -272.37% off its 52-week high price of $2.83 and 55.13% above the 52-week low of $0.341. If we look at the company’s 10-day average daily trading volume, we find that it stood at 108.9 Million shares traded. The 3-month trading volume is 351.76 Million shares.
The consensus among analysts is that iFresh Inc. (IFMK) is a 0 stock at the moment, with a recommendation rating of 0. None of the analysts rate the stock as a Sell, while none rate it as Overweight. None out of 0 have rated it as a Hold, with no one of them advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is $0.
iFresh Inc. (NASDAQ:IFMK) trade information
Sporting 5.56% in the green today, the stock has traded in the green over the last five days, with the highest price hit on Friday, Oct 16 when the IFMK stock price touched $0.82 or saw a rise of 7.32%. Year-to-date, iFresh Inc. shares have moved 87.33%, while the 5-day performance has seen it change 0.34%. Over the past 30 days, the shares of iFresh Inc. (NASDAQ:IFMK) have changed -7.32%. Short interest in the company has seen 521.13 Million shares shorted with days to cover at 1.48.
iFresh Inc. (IFMK) estimates and forecasts
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -64.5% over the past 5 years. Earnings growth for 2020 is a modest +42.8%.
iFresh Inc. (NASDAQ:IFMK)’s Major holders
Insiders own 44.26% of the company shares, while shares held by institutions stand at 0.79% with a share float percentage of 1.42%. Investors are also buoyed by the number of investors in a company, with iFresh Inc. having a total of 12 institutions that hold shares in the company. The top two institutional holders are Vanguard Group, Inc. (The) with over 116.09 Thousand shares worth more than $124.21 Thousand. As of June 29, 2020, Vanguard Group, Inc. (The) held 0.46% of shares outstanding.
The other major institutional holder is Citadel Advisors LLC, with the holding of over 74.55 Thousand shares as of June 29, 2020. The firm’s total holdings are worth over $79.77 Thousand and represent 0.3% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund. As of June 29, 2020, the former fund manager holds about 0.46% shares in the company for having 116086 shares of worth $124.21 Thousand while later fund manager owns 19.71 Thousand shares of worth $18.28 Thousand as of July 30, 2020, which makes it owner of about 0.08% of company’s outstanding stock.