Integrated Media Technology Limited (NASDAQ:IMTE) finished Wednesday with a subtraction of -$0.3 to close at $0.73, a downside of -29.54 percent. An average of 7,397,460 shares of common stock have been traded in the last five days. There was a fall of -$0.6743 in the past week, and it reached a new high 21 times over the past 12 months. The last 20 days have seen an average of 2,058,165 shares traded, while the 50-day average volume stands at 1,516,182.
IMTE stock has decreased by -46.64% in the last month. The company shares reached their 1-month lowest point of $0.7103 on 09/21/22. With the stock rallying to its 52-week high on 04/01/22, shares of the company touched a low of $0.95 and a high of $38.48 in 52 weeks. It has reached a new high 19 times so far this year and lost -83.77% or -$3.7443 in price. In spite of this, the price is down -98.11% from the 52-week high.
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Integrated Media Technology Limited (IMTE) stock’s beta is 3.00. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 89.19, the price-to-book (PB) ratio at 0.82.
The quick ratio of Integrated Media Technology Limited for the recent quarter was 0.30, and the current ratio was 0.30, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.11 and a total debt to equity ratio of 0.52 for the recent quarter. Its gross profit as reported stood at $33000.0 compared to revenue of $0.14 million.
From a technical analysis perspective, let’s take a brief look at Integrated Media Technology Limited (IMTE) price momentum. RSI 9-day as of the close on 21 September was 30.31%, suggesting the stock is Neutral, with historical volatility in this time frame at 381.17%.
As of today, IMTE’s price is $1.3751 -48.16% or -$0.6743 from its 5-day moving average. IMTE is currently trading -47.03% lower than its 20-day SMA and -83.62% lower than its 100-day SMA. However, the stock’s current price level is -67.01% below the SMA50 and -85.43% below the SMA200.
The stochastic %K and %D were 29.32% and 51.95%, respectively, and the average true range (ATR) was 0.3185. With the 14-day stochastic at 1.12% and the average true range at 0.2754, the RSI (14) stands at 33.35%. The stock has reached -0.1326 on the 9-day MACD Oscillator while the 14-day reading was at -0.1171.