Stock To Watch: Imax Corporation (NYSE:IMAX)


The leading market experts have placed a mean price target of $41.46 on Imax Corporation (NYSE:IMAX) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.23 a share for the upcoming quarter and $1.09 for the current fiscal. Technical View The technical analysis of Imax Corporation Common Stock plainly substantiates that the 50-day moving average of Imax Corporation Common Stock is $31.28, and stock is hovering -3.59 or -11.48% distant from $31.28. It is noted that the 200-day MA is $31.62, and Imax Corporation Common Stock stock is $-3.93 or -12.43% off from this point. Imax Corporation (NYSE:IMAX) 52-week high is $40.65 and the 52-week low is $25.52. This explains if the stock moves $-12.96, it will post a 52-week high. In event of $+8.50% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Imax Corporation Common Stock, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Imax Corporation (NYSE:IMAX) ratio came in at 30.16. The stock last ended the trading session at $27.69 and registered a market cap of $1.89B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Imax Corporation (NYSE:IMAX) PEG ratio is at 1.48.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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