IM Cannabis Corp (NASDAQ:IMCC) currently has a daily average trading volume of 11.02K but it saw 3140572 shares traded in last market. With a market cap of 8.37M USD, the company’s current market price of $2.71 came rising about 44.92 while comparing to the previous closing price of $1.87. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.49 and as low as $1.29. In the recent trading on the day, stock has struck highest price mark of $2.11 while lowest mark touched by it was $3.73.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the ROTH Capital which initiated the stock as “Buy” in its note to investors issued on October 05, 2021, recommending a price target of $8 for it.
Over the week, IMCC’s stock price is moving 57.56% up while it is 88.19% when we observe its performance for the past one month. Year-to-date it is 16.25% up and over the past year, the stock is showing a downside performance of -23.45%.
Currently, IM Cannabis Corp’s total number of outstanding shares is 3.09M with 39.78% of that held by the insiders while 3.87% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -84.34% and return on equity (ROE) at -63.75%. Stock’s beta reads 1.43. Stock has a price to book (P/B) ratio of 2.26 while price to sale or P/S ratio amounts to 0.21. Its return on asset (ROA) is -11.11% on average.
