Company’s 36-month beta value is 2.28.
The public float for IMTE is 1.94M, and currently, short sellers hold a 0.57% ratio of that floaft. The average trading volume of IMTE on May 01, 2024 was 7.77K shares.
IMTE) stock’s latest price update
Integrated Media Technology Limited (NASDAQ: IMTE)’s stock price has gone rise by 26.14 in comparison to its previous close of 2.59, however, the company has experienced a 83.54% increase in its stock price over the last five trading days. PennyStocks reported 2022-09-19 that Can these penny stocks make gains today? The post Cheap Penny Stocks Under $5 For Your Watchlist Right Now appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
IMTE’s Market Performance
IMTE’s stock has risen by 83.54% in the past week, with a monthly rise of 39.62% and a quarterly rise of 22.82%. The volatility ratio for the week is 19.42% while the volatility levels for the last 30 days are 12.19% for Integrated Media Technology Limited The simple moving average for the past 20 days is 55.68% for IMTE’s stock, with a 28.09% simple moving average for the past 200 days.
IMTE Trading at 38.21% from the 50-Day Moving Average
After a stumble in the market that brought IMTE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -48.95% of loss for the given period.
Volatility was left at 12.19%, however, over the last 30 days, the volatility rate increased by 19.42%, as shares surge +41.43% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +30.68% upper at present.
During the last 5 trading sessions, IMTE rose by +83.54%, which changed the moving average for the period of 200-days by +5.05% in comparison to the 20-day moving average, which settled at $2.15. In addition, Integrated Media Technology Limited saw 20.55% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for IMTE
Current profitability levels for the company are sitting at:
- -11.69 for the present operating margin
- -2.54 for the gross margin
The net margin for Integrated Media Technology Limited stands at -8.58. The total capital return value is set at -0.31. Equity return is now at value -29.87, with -24.69 for asset returns.
Based on Integrated Media Technology Limited (IMTE), the company’s capital structure generated 0.16 points at debt to capital in total, while cash flow to debt ratio is standing at -0.99. The debt to equity ratio resting at 0.2. The interest coverage ratio of the stock is -35.59.
Currently, EBITDA for the company is -7.94 million with net debt to EBITDA at -0.68. When we switch over and look at the enterprise to sales, we see a ratio of 15.81. The receivables turnover for the company is 0.05for trailing twelve months and the total asset turnover is 0.02. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.60.
Conclusion
In a nutshell, Integrated Media Technology Limited (IMTE) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
