Constellation Software Announces Executive Changes
TipRanks (Wed, 15-May 8:48 AM ET)
IMAX And MEGARAMA Expand Partnership With Three New IMAX With Laser Locations Across France
PRNewswire (Wed, 15-May 8:30 AM ET)
Ether Capital Corp Boasts Strong Q1 2024 Growth
TipRanks (Tue, 14-May 7:18 PM ET)
Constellation Software Announces Board Election Results
TipRanks (Mon, 13-May 8:37 PM ET)
Auxly Cannabis Delivers Record-Breaking Q1 Results
TipRanks (Mon, 13-May 8:07 AM ET)
IMAX To Present at the J.P. Morgan Global Technology, Media, and Communications Conference
PRNewswire (Tue, 7-May 4:05 PM ET)
PRNewswire (Mon, 29-Apr 8:30 AM ET)
IMAX Corporation Reports First Quarter 2024 Earnings Results
PRNewswire (Thu, 25-Apr 7:30 AM ET)
IMAX and CineNOVA Launch Partnership With Four New IMAX Locations Across Turkey
PRNewswire (Wed, 24-Apr 12:00 PM ET)
Gabelli Funds to Host 16th Annual Media & Entertainment Symposium Thursday, June 6, 2024
Globe Newswire (Mon, 22-Apr 8:00 AM ET)
Imax Corp is a premier global technology platform for entertainment and events. Through its proprietary software, auditorium architecture, patented intellectual property, and specialized equipment, IMAX offers a unique end-to-end solution to create superior, immersive content experiences for which the IMAX brand is globally renowned. Top filmmakers, movie studios, artists, and creators utilize the cutting-edge visual and sound technology of IMAX to connect with audiences in innovative ways. The Company leverages its proprietary technology and engineering in all aspects of its business, which principally consists of the IMAX film remastering and the sale or lease of premium IMAX theater systems.
Imax trades on the NYSE stock market under the symbol IMAX.
As of May 17, 2024, IMAX stock price climbed to $16.96 with 388,542 million shares trading.
IMAX has a beta of -0.16, meaning it tends to be less sensitive to market movements. IMAX has a correlation of 0.00 to the broad based SPY ETF.
IMAX has a market cap of $892.47 million. This is considered a Small Cap stock.
Last quarter Imax reported $79 million in Revenue and $.15 earnings per share. This beat revenue expectation by $943,000 and exceeded earnings estimates by $.05.
In the last 3 years, IMAX stock traded as high as $23.57 and as low as $12.13.
The top ETF exchange traded funds that IMAX belongs to (by Net Assets): IWM, IWO, VOX, VTWO, DFAS.
IMAX has underperformed the market in the last year with a price return of -11.6% while the SPY ETF gained +30.7%. However, in the short term, IMAX had mixed performance relative to the market. It has outperformed in the last 3 months, returning +12.6% vs +6.3% return in SPY. But in the last 2 weeks, IMAX shares have been beat by the market, returning +3.5% compared to an SPY return of +4.8%.
IMAX support price is $16.53 and resistance is $17.33 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that IMAX stock will trade within this expected range on the day.