CIMG Inc’s recently made public 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 $0.97 million.
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 $0.35 million.
Price Performance Review of IMG
On Tuesday, CIMG Inc [NASDAQ:IMG] saw its stock jump 1.60% to $0.65. Over the last five days, the stock has gained 1.11%. CIMG Inc shares have fallen nearly -74.80% since the year began. Nevertheless, the stocks have fallen -72.05% 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 $0.8249, while 200 days put it at $1.3908.
Levels Of Support And Resistance For IMG Stock
The 24-hour chart illustrates a support level at 0.6294, which if violated will result in even more drops to 0.6043. On the upside, there is a resistance level at 0.6703. A further resistance level may holdings at 0.6861. The Relative Strength Index (RSI) on the 14-day chart is 44.86, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0852, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 86.41%. Stochastics %K at 10.08% indicates the stock is a buying.
How much short interest is there in CIMG Inc?
A steep rise in short interest was recorded in CIMG Inc stocks on 2024-11-29, growing by 0.28 million shares to a total of 0.49 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 0.21 million shares. There was a rise of 56.98%, which implies that there is a positive sentiment for the stock.
