In recent trading session, IM Cannabis Corp (NASDAQ:IMCC) saw 0.6 million shares changing hands at last check today with its beta currently measuring 1.07. Company’s recent per share price level of $0.88 trading at -$0.03 or -3.30% at last check today assigns it a market valuation of $11.78M. That most recent trading price of IMCC’s stock is at a discount of -62.5% from its 52-week high price of $1.43 and is indicating a premium of 78.41% from its 52-week low price of $0.19. Taking a look at company’s average trading volume of 1.48 million if we extend that period to 3-months.
IM Cannabis Corp (NASDAQ:IMCC) trade information
Upright in the red during last session for losing -3.30%, in the last five days IMCC remained trading in the green while hitting it’s week-highest on Wednesday, 05/01/24 when the stock touched $0.88 price level, adding 32.82% to its value on the day. IM Cannabis Corp’s shares saw a change of 146.50% in year-to-date performance and have moved 58.62% in past 5-day. IM Cannabis Corp (NASDAQ:IMCC) showed a performance of -18.52% in past 30-days.
IM Cannabis Corp (IMCC) estimates and forecasts
Statistics highlight that IM Cannabis Corp is scoring comparatively higher than the scores of other players of the relevant industry. The company added 89.94% of value to its shares in past 6 months, showing an annual growth rate of 30.91% while that of industry is 18.50. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -5.10% from the last financial year’s standing.
1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 10.6M for the same. And 1 analysts are in estimates of company making revenue of 10.9M in the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -7.89% during past 5 years.
IMCC Dividends
IM Cannabis Corp is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
