CIMG Inc’s recent filing unveils that its 10% Owner DYT INFO PTE. LTD. acquired Company’s shares for reported $0.4 million on Oct 14 ’24. In the deal valued at $0.57 per share,701,754 shares were bought. As a result of this transaction, DYT INFO PTE. LTD. now holds 1,496,159 shares worth roughly $2.39 million.
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Then, Zhang Xiang sold 139,357 shares, generating $176,983 in total proceeds. Upon selling the shares at $1.27, the 10% Owner now owns 0 shares.
Before that, Liu Yumei sold 83,615 shares. CIMG Inc shares valued at $165,558 were divested by the 10% Owner at a price of $1.98 per share. As a result of the transaction, Liu Yumei now holds 542,517 shares, worth roughly $0.87 million.
Price Performance Review of IMG
On Tuesday, CIMG Inc [NASDAQ:IMG] saw its stock jump 153.97% to $1.60. Over the last five days, the stock has gained 195.20%. CIMG Inc shares have fallen nearly -37.01% since the year began. Nevertheless, the stocks have fallen -31.33% over the past one year. While a 52-week high of $8.00 was reached on 07/31/24, a 52-week low of $0.25 was recorded on 10/16/24. SMA at 50 days reached $0.7273, while 200 days put it at $1.4821.
Levels Of Support And Resistance For IMG Stock
The 24-hour chart illustrates a support level at 0.8833, which if violated will result in even more drops to 0.1667. On the upside, there is a resistance level at 2.1133. A further resistance level may holdings at 2.6267. The Relative Strength Index (RSI) on the 14-day chart is 72.86, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.2571, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 22.06%. Stochastics %K at 55.78% indicates the stock is a holding.
How much short interest is there in CIMG Inc?
A steep rise in short interest was recorded in CIMG Inc stocks on 2024-11-15, growing by 35794.0 shares to a total of 96526.0 shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 60732.0 shares. There was a rise of 37.08%, which implies that there is a positive sentiment for the stock.
