On 10/31/24, Imax Corp (NYSE: IMAX) stock enjoyed a major increase of 12.1%, closing at $24.30. Moreover, trading volume in this advance was exceptionally high at 442% of normal. The stock has risen 20.1% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, IMAX is expected to continue to be a major Value Builder.
Imax has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Imax has a poor Appreciation Score of 19 but a very high Power Rating of 89, and the Neutral Value Trend Rating results.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
Be the first to comment