International Money Express Inc.’s filing revealed that its President – GM, Latin America Aguilar Joseph unloaded Company’s shares for reported $0.5 million on Mar 15 ’24. In the deal valued at $21.13 per share,23,700 shares were sold. As a result of this transaction, Aguilar Joseph now holds 105,677 shares worth roughly $2.07 million.
Then, Lisy Robert sold 21,000 shares, generating $505,699 in total proceeds. Upon selling the shares at $24.08, the CEO, President & Chairman now owns 322,531 shares.
Before that, Lisy Robert sold 25,000 shares. International Money Express Inc. shares valued at $611,128 were divested by the CEO, President & Chairman at a price of $24.45 per share. As a result of the transaction, Lisy Robert now holds 343,531 shares, worth roughly $6.73 million.
A number of analysts have revised their coverage, including UBS’s analysts, who began to cover the stock in mid October with a ‘”a Neutral”‘ rating. JMP Securities also remained covering IMXI and has decreased its forecast on August 03, 2023 with a “Mkt perform” recommendation from previously “Mkt outperform” rating. Needham started covering the stock on April 26, 2023. It rated IMXI as “a Buy”.
Price Performance Review of IMXI
On Tuesday, International Money Express Inc. [NASDAQ:IMXI] saw its stock jump 1.24% to $19.59. Over the last five days, the stock has lost -3.16%. International Money Express Inc. shares have fallen nearly -11.32% since the year began. Nevertheless, the stocks have fallen -25.60% over the past one year. While a 52-week high of $26.71 was reached on 04/01/24, a 52-week low of $15.76 was recorded on 02/27/24. SMA at 50 days reached $21.20, while 200 days put it at $19.90. A total of 0.69 million shares were traded, compared to the trading of 0.26 million shares in the previous session.
Levels Of Support And Resistance For IMXI Stock
The 24-hour chart illustrates a support level at 19.32, which if violated will result in even more drops to 19.04. On the upside, there is a resistance level at 19.77. A further resistance level may holdings at 19.94. The Relative Strength Index (RSI) on the 14-day chart is 32.93, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.10, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 87.69%. Stochastics %K at 7.49% indicates the stock is a buying.
