The stock price of IMAC Holdings Inc (NASDAQ: BACK) has jumped by 12.92 compared to previous close of 0.64. Despite this, the company has seen a gain of 30.92% in its stock price over the last five trading days. globenewswire.com reported 2025-02-10 that The new study adds to growing evidence that measuring activated proteins is key to cancer therapy selection. Golden, CO, Feb. 10, 2025 (GLOBE NEWSWIRE) — Ignite Proteomics LLC, a subsidiary of IMAC Holdings, Inc. (Nasdaq: BACK), announces the publication of a significant study in the British Journal of Cancer titled “Functional activation of the AKT–mTOR signalling axis in a real-world metastatic breast cancer cohort”.
Is It Worth Investing in IMAC Holdings Inc (NASDAQ: BACK) Right Now?
BACK has 36-month beta value of 0.16. Analysts have mixed views on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for BACK is 3.16M, and currently, short sellers hold a 12.70% ratio of that float. The average trading volume of BACK on February 19, 2025 was 1.37M shares.
BACK’s Market Performance
BACK’s stock has seen a 30.92% increase for the week, with a -45.25% drop in the past month and a -35.47% fall in the past quarter. The volatility ratio for the week is 14.22%, and the volatility levels for the past 30 days are at 27.08% for IMAC Holdings Inc The simple moving average for the past 20 days is -5.32% for BACK’s stock, with a -56.02% simple moving average for the past 200 days.
BACK Trading at -30.94% from the 50-Day Moving Average
After a stumble in the market that brought BACK to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -90.67% of loss for the given period.
Volatility was left at 27.08%, however, over the last 30 days, the volatility rate increased by 14.22%, as shares sank -45.25% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -32.46% lower at present.
During the last 5 trading sessions, BACK rose by +30.92%, which changed the moving average for the period of 200-days by -80.15% in comparison to the 20-day moving average, which settled at $0.7633. In addition, IMAC Holdings Inc saw -43.09% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for BACK
Current profitability levels for the company are sitting at:
- 0.45 for the present operating margin
- 1.82 for the gross margin
The net margin for IMAC Holdings Inc stands at 1.11. The total capital return value is set at 0.46.
Based on IMAC Holdings Inc (BACK), the company’s capital structure generated -0.46 points at debt to capital in total, while cash flow to debt ratio is standing at -342.07. The debt to equity ratio resting at -0.32. The interest coverage ratio of the stock is -11.78.
Currently, EBITDA for the company is -5.95 million with net debt to EBITDA at -0.36. When we switch over and look at the enterprise to sales, we see a ratio of -0.76. The receivables turnover for the company is -118.25for trailing twelve months and the total asset turnover is -3.36. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.08.
Conclusion
To put it simply, IMAC Holdings Inc (BACK) has had a bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. 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.
