The price-to-earnings ratio for International Money Express Inc (NASDAQ: IMXI) is above average at 12.54x. The 36-month beta value for IMXI is also noteworthy at 0.84. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for IMXI is 29.13M, and at present, short sellers hold a 4.43% of that float. The average trading volume of IMXI on November 08, 2024 was 272.28K shares.
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IMXI) stock’s latest price update
International Money Express Inc (NASDAQ: IMXI) has experienced a rise in its stock price by 14.09 compared to its previous closing price of 18.50. However, the company has seen a gain of 20.33% in its stock price over the last five trading days. zacks.com reported 2024-11-08 that International Money Express (IMXI) came out with quarterly earnings of $0.61 per share, beating the Zacks Consensus Estimate of $0.58 per share. This compares to earnings of $0.51 per share a year ago.
IMXI’s Market Performance
International Money Express Inc (IMXI) has seen a 20.33% rise in stock performance for the week, with a 21.23% gain in the past month and a 27.45% surge in the past quarter. The volatility ratio for the week is 3.30%, and the volatility levels for the past 30 days are at 2.25% for IMXI. The simple moving average for the past 20 days is 17.08% for IMXI’s stock, with a 5.88% simple moving average for the past 200 days.
Analysts’ Opinion of IMXI
Many brokerage firms have already submitted their reports for IMXI stocks, with Monness Crespi & Hardt repeating the rating for IMXI by listing it as a “Buy.” The predicted price for IMXI in the upcoming period, according to Monness Crespi & Hardt is $28 based on the research report published on November 04, 2024 of the current year 2024.
IMXI Trading at 16.68% from the 50-Day Moving Average
After a stumble in the market that brought IMXI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -9.34% of loss for the given period.
Volatility was left at 2.25%, however, over the last 30 days, the volatility rate increased by 3.30%, as shares surge +18.58% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +18.32% upper at present.
During the last 5 trading sessions, IMXI rose by +19.33%, which changed the moving average for the period of 200-days by +0.58% in comparison to the 20-day moving average, which settled at $18.02. In addition, International Money Express Inc saw -4.45% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at IMXI starting from Aguilar Joseph, who sale 23,700 shares at the price of $21.13 back on Mar 15 ’24. After this action, Aguilar Joseph now owns 105,677 shares of International Money Express Inc, valued at $500,781 using the latest closing price.
Stock Fundamentals for IMXI
Current profitability levels for the company are sitting at:
- 0.06 for the present operating margin
- 0.33 for the gross margin
The net margin for International Money Express Inc stands at 0.1. The total capital return value is set at 0.11. Equity return is now at value 39.88, with 10.15 for asset returns.
Currently, EBITDA for the company is 21.09 million with net debt to EBITDA at -3.31. When we switch over and look at the enterprise to sales, we see a ratio of 0.88. The receivables turnover for the company is 4.74for trailing twelve months and the total asset turnover is 1.25. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.88.
Conclusion
In summary, International Money Express Inc (IMXI) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
