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 $1.06 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 $0.39 million.
Price Performance Review of IMG
On Monday, CIMG Inc [NASDAQ:IMG] saw its stock jump 4.99% to $0.71. Over the last five days, the stock has lost -1.92%. CIMG Inc shares have fallen nearly -2.05% since the year began. Nevertheless, the stocks have fallen -56.67% over the past one year. While a 52-week high of $8.00 was reached on 01/08/25, a 52-week low of $0.25 was recorded on 01/31/25. SMA at 50 days reached $0.7409, while 200 days put it at $1.3108.
Levels Of Support And Resistance For IMG Stock
The 24-hour chart illustrates a support level at 0.6474, which if violated will result in even more drops to 0.5798. On the upside, there is a resistance level at 0.7853. A further resistance level may holdings at 0.8556. The Relative Strength Index (RSI) on the 14-day chart is 49.30, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0339, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 48.48%. Stochastics %K at 29.02% 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 2025-01-15, growing by 0.3 million shares to a total of 0.47 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 0.17 million shares. There was a rise of 64.09%, which implies that there is a positive sentiment for the stock.
