Imax Corporation stock performance trend indicates that the stock price has rallied 8.2% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 16.16% . Looking at the past 52 week period, the stock price is up at 6.39% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Imax Corporation has a positive value of 1.88 compared to overall market.IMAX Corporation is having a Relative Strength Index of 63.35 which indicates the stock is not yet over sold or over bought based on the technical indicators.
Imax Corporation (NYSE:IMAX) has climbed 1.51% in the past week and advanced 7% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 1.27% and the outperformance has advanced to 5.78% for the last 4 weeks period.
For the current week, the company shares have a recommendation consensus of Buy. Imax Corporation (NYSE:IMAX) : On Friday heightened volatility was witnessed in Imax Corporation (NYSE:IMAX) which led to swings in the share price. The stock opened for trading at $33 and hit $34.025 on the upside , eventually ending the session at $33.65, with a gain of 2.59% or 0.85 points. The heightened volatility saw the trading volume jump to 1,368,649 shares. The 52-week high of the share price is $35.3 and the company has a market cap of $2,231 million. The 52-week low of the share price is at $26.48 .
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.IMAX Corporation (USA) was Downgraded by Credit Suisse to Neutral on Feb 1, 2017.
Company has reported several Insider transactions to the SEC, on Mar 14, 2017, Greg Foster (CEO IMAX Entertain & EVP IMAX) sold 100,000 shares at 33.21 per share price.On Mar 9, 2017, Don Savant (President, Global Sales) sold 576 shares at 32.26 per share price.On Mar 9, 2017, Robert D Lister (Chief Legal & Chief Bus Dev) sold 5,026 shares at 32.26 per share price.
IMAX Corporation (USA) Last issued its quarterly earnings results on Feb 23, 2017. The company reported $0.22 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $0.21. The company had revenue of $106.91 million for the quarter, compared to analysts expectations of $99.98 million. The companys revenue was down -10.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.39 EPS.
Imax Corporation is an entertainment technology company, with particular emphasis on film and digital imaging technologies including giant-screen images, 3D presentations, post-production and digital projection. They design and manufacture projection and sound systems for giant-screen theaters and are a producer and distributor of films for giant-screen theaters. They also design and manufacture high performance digital image delivery systems in the form of digital projectors capable of projecting quality images on large screens from any video, computer or HDTV source.