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ICZOOM Concluded 2024 with Multiple Awards
PRNewswire (Fri, 3-Jan 9:00 AM ET)
ICZOOM Group Inc is engaged in the sale of electronic component products to customers in China. These products are used by small and medium-sized enterprises (SMEs) in the consumer electronic industry, Internet of Things (IoT), automotive electronics, and industrial control segment. In addition to the sales of electronic component products, also provides services to customers such as temporary warehousing, logistic and shipping, and customs clearance and charges them additional service commission fees. The company earns maximum revenue from sale of electronic components.
Iczoom Group - Class A trades on the NASDAQ stock market under the symbol IZM.
As of March 4, 2025, IZM stock price declined to $1.39 with 49,917 million shares trading.
IZM has a beta of 3.11, meaning it tends to be more sensitive to market movements. IZM has a correlation of 0.02 to the broad based SPY ETF.
IZM has a market cap of $16.31 million. This is considered a Sub-Micro Cap stock.
IZM has underperformed the market in the last year with a return of -84.1%, while the SPY ETF gained +14.0%. In the last 3 month period, IZM fell short of the market, returning -37.4%, while SPY returned -4.7%. However, in the most recent 2 weeks IZM has outperformed the stock market by returning +17.8%, while SPY returned -5.7%.
IZM support price is $1.40 and resistance is $1.57 (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 IZM shares will trade within this expected range on the day.