In the last trading session, 1,953,938 shares of the iFresh Inc.(NASDAQ:IFMK) were traded, and its beta was -2.89. Most recently the company’s share price was $2.14, and it changed around $0.19 or 0.1% from the last close, which brings the market valuation of the company to $77.63 Million. IFMK currently trades at a discount to its 52-week high of $4.25, offering almost -98.6% off that amount. The share price’s 52-week low was $0.345, which indicates that the current value has risen by an impressive 83.88% since then. We note from iFresh Inc.’s average daily trading volume that its 10-day average is 2.62 Million shares, with the 3-month average coming to 1.81 Million.

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iFresh Inc. stock received a consensus recommendation rating of 0, based on a mean score of 0. If we narrow it down even further, the data shows that none out of 0 analysts rate the stock as a Sell; another but none rate it as Overweight. Among the rest, no body recommended IFMK as a Hold, whereas none deemed it a Buy, and no one rated it as Underweight. iFresh Inc. is expected to report earnings per share of $0 for the current quarter.

iFresh Inc. (NASDAQ:IFMK): Trading Information

Instantly IFMK has showed a green trend with a performance of 9.74% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of $2.43- on Monday, Feb 22 increased the stock’s daily price by 11.93%. The company’s shares are currently up 1.73% year-to-date, but still down -0.1336 over the last five days. On the other hand, iFresh Inc. (NASDAQ:IFMK) is 1.08% up in the 30-day period. We can see from the shorts that 512.57 Million shares have been sold at a short interest cover period of 283.19 day(s).

iFresh Inc. (IFMK) projections and forecasts

Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -64.5%. iFresh Inc. earnings are expected to increase by 42.8% in 2021, but the outlook is negative 0% per year for the next five years.

iFresh Inc. (NASDAQ:IFMK)’s Biggest Investors

Upon looking at major shareholders, it appears that insiders hold 65.83% of iFresh Inc. shares, and 0.84% of them are in the hands of institutional investors. The stock currently has a share float of 2.46%. iFresh Inc. stock is held by 10 institutions, with Vanguard Group, Inc. (The) being the largest institutional investor. By Dec 30, 2020, it held 0.38% of the shares, which is about 116.09 Thousand shares worth $90.9 Thousand.

Citadel Advisors LLC, with 0.31% or 93.77 Thousand shares worth $73.42 Thousand as of Dec 30, 2020, holds the second largest percentage of outstanding shares.

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Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund were the top two Mutual Funds as of Sep 29, 2020. The former held 116086 shares worth $79.86 Thousand, making up 0.38% of all outstanding shares. On the other hand, Fidelity Extended Market Index Fund held roughly 19.71 Thousand shares worth around $15.43 Thousand, which represents about 0.07% of the total shares outstanding.

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