IMTE Stock Summary and Trading Ideas (Integrated Media Technology Limited - | NASDAQ:IMTE)

Integrated Media Technology Ltd is engaged in the development, sale, and distribution of autostereoscopic 3D display, 3D conversion equipment, and software, development, and sale of 3D autostereoscopic technology, and the provision of 3D consultancy services. It operates through the following segments: the development, sale and distribution of autostereoscopic 3D displays, conversion equipment, software and technology solutions, and others, Sales of air-filter products, provision of consultancy services, and Sales of Halal products.

Integrated Media Technology Limited - trades on the NASDAQ stock market under the symbol IMTE.

As of April 22, 2024, IMTE stock price climbed to $1.87 with 5,685 million shares trading.

IMTE has a market cap of $3.99 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, IMTE stock traded as high as $384.78 and as low as $1.02.

IMTE has underperformed the market in the last year with a price return of -48.4% while the SPY ETF gained +22.9%. IMTE has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -29.4% and -12.3%, respectively, while the SPY returned +3.7% and -3.7%, respectively.

IMTE support price is $1.40 and resistance is $1.72 (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 IMTE stock will trade within this expected range on the day.