In yesterday’s Wall Street session, CIMG Inc (NASDAQ:IMG) shares traded at $0.91, down -43.13% from the previous session.
IMG stock price is now 25.52% away from the 50-day moving average and -38.42% away from the 200-day moving average. The market capitalization of the company currently stands at $4.42M.
In other news, DYT INFO PTE. LTD., 10% Owner bought 701,754 shares of the company’s stock on Oct 14 ’24. The stock was bought for $400,000 at an average price of $0.57. Upon completion of the transaction, the 10% Owner now directly owns 1,496,159 shares in the company, valued at $1.36 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jul 24 ’24, 10% Owner Zhang Xiang sold 139,357 shares of the business’s stock. A total of $176,983 was realized by selling the stock at an average price of $1.27. A total of 77.24% of the company’s stock is owned by insiders.
During the past 12 months, CIMG Inc has had a low of $0.25 and a high of $8.00. The fifty day moving average price for IMG is $0.7273 and a two-hundred day moving average price translates $1.4795 for the stock.
The latest earnings results from CIMG Inc (NASDAQ: IMG) was released for 2024-06-30. The net profit margin was -246.55% and return on equity was -381.35% for IMG. The company reported revenue of $0.37 million for the quarter, compared to $0.27 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 36.94 percent.
