IMXI Stock Summary and Trading Ideas (Intl Money Express | NASDAQ:IMXI)

International Money Express Inc is a processor of money transfer services in the USA to the Latin America and the Caribbean (LAC) corridor. The company offers wire transfer, money order, Foreign exchange, and cash checking services, while the majority of the revenue is derived from wire transfer and money order fees. The firm's business is organized around one reportable segment that provides money remittance services between the U.S. and Canada to Mexico, Guatemala, and other countries in Latin America, Africa, and Asia.

Intl Money Express trades on the NASDAQ stock market under the symbol IMXI.

As of April 24, 2024, IMXI stock price climbed to $22.15 with 196,609 million shares trading.

IMXI has a beta of 1.26, meaning it tends to be more sensitive to market movements. IMXI has a correlation of 0.14 to the broad based SPY ETF.

IMXI has a market cap of $772.30 million. This is considered a Small Cap stock.

Last quarter Intl Money Express reported $172 million in Revenue and $.56 earnings per share. This fell short of revenue expectation by $-4 million and exceeded earnings estimates by $.04.

In the last 3 years, IMXI stock traded as high as $28.24 and as low as $13.14.

The top ETF exchange traded funds that IMXI belongs to (by Net Assets): VTI, IWM, VXF, IWO, SCHA.

IMXI stock has underperformed the market in the last year with a return of -12.5%, while SPY returned +24.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in IMXI shares. However, IMXI has outperformed the market in the last 3 month and 2 week periods, returning +6.2% and -0.9%, while SPY returned +4.6% and -2.7%, respectively. This indicates IMXI has been having a stronger performance recently.

IMXI support price is $21.47 and resistance is $22.31 (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 IMXI stock will trade within this expected range on the day.