IMAC Holdings Inc (NASDAQ:BACK) Down Almost -50.77% In 1 Month, Long Term Looking Good As Well

In last trading session, IMAC Holdings Inc (NASDAQ:BACK) saw 1.07 million shares changing hands with its beta currently measuring 0.21. Company’s recent per share price level of $0.64 trading at -$0.16 or -19.70% at ring of the bell on the day assigns it a market valuation of $1.30M. That closing price of BACK’s stock is at a discount of -1110.94% from its 52-week high price of $7.75 and is indicating a premium of 26.56% from its 52-week low price of $0.47. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 6.84 million shares which gives us an average trading volume of 1.15 million if we extend that period to 3-months.

IMAC Holdings Inc (NASDAQ:BACK) trade information

Upright in the red during last session for losing -19.70%, in the last five days BACK remained trading in the red while hitting it’s week-highest on Tuesday, 01/28/25 when the stock touched $0.64 price level, adding 58.97% to its value on the day. IMAC Holdings Inc’s shares saw a change of -49.61% in year-to-date performance and have moved -17.95% in past 5-day. IMAC Holdings Inc (NASDAQ:BACK) showed a performance of -50.77% in past 30-days. Number of shares sold short was 32145.0 shares which calculate 1.22 days to cover the short interests.

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 10.09% during past 5 years.

IMAC Holdings Inc (NASDAQ:BACK)’s Major holders

Insiders are in possession of 8.80% of company’s total shares while institution are holding 3.10 percent of that, with stock having share float percentage of 3.40%. Investors also watch the number of corporate investors in a company very closely, which is 3.10% institutions for IMAC Holdings Inc that are currently holding shares of the company.