CIMG Inc (NASDAQ: IMG)’s stock price has soared by 1.59 in relation to previous closing price of 0.70. Nevertheless, the company has seen a gain of 7.69% in its stock price over the last five trading days.
Is It Worth Investing in CIMG Inc (NASDAQ: IMG) Right Now?
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 IMG is 4.81M, and currently, short sellers hold a 8.10% ratio of that float. The average trading volume of IMG on February 21, 2025 was 2.97M shares.
IMG’s Market Performance
IMG stock saw a decrease of 7.69% in the past week, with a monthly decline of -1.24% and a quarterly a decrease of 29.56%. The volatility ratio for the week is 11.22%, and the volatility levels for the last 30 days are 10.09% for CIMG Inc (IMG). The simple moving average for the past 20 days is 4.13% for IMG’s stock, with a -43.59% simple moving average for the past 200 days.
IMG Trading at 0.28% from the 50-Day Moving Average
After a stumble in the market that brought IMG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -91.08% of loss for the given period.
Volatility was left at 10.09%, however, over the last 30 days, the volatility rate increased by 11.22%, as shares sank -1.49% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -9.24% lower at present.
During the last 5 trading sessions, IMG rose by +9.65%, which changed the moving average for the period of 200-days by -50.38% in comparison to the 20-day moving average, which settled at $0.6863. In addition, CIMG Inc saw -2.19% 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 IMG starting from DYT INFO PTE. LTD., who purchase 701,754 shares at the price of $0.57 back on Oct 14 ’24. After this action, DYT INFO PTE. LTD. now owns 1,496,159 shares of CIMG Inc, valued at $400,000 using the latest closing price.
Zhang Xiang, the 10% Owner of CIMG Inc, sale 139,357 shares at $1.27 during a trade that took place back on Jul 24 ’24, which means that Zhang Xiang is holding 0 shares at $176,983 based on the most recent closing price.
Stock Fundamentals for IMG
Equity return is now at value -381.35, with -168.10 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.71.
Conclusion
To put it simply, CIMG Inc (IMG) has had a mixed 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.