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 $0.7 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 $0.25 million.
Price Performance Review of IMG
On Friday, CIMG Inc [NASDAQ:IMG] saw its stock fall -9.94% to $0.47. Over the last five days, the stock has lost -7.64%. CIMG Inc shares have fallen nearly -35.60% since the year began. Nevertheless, the stocks have fallen -68.41% 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 03/13/25. SMA at 50 days reached $0.6428, while 200 days put it at $1.1234.
Levels Of Support And Resistance For IMG Stock
The 24-hour chart illustrates a support level at 0.4507, which if violated will result in even more drops to 0.4314. On the upside, there is a resistance level at 0.4887. A further resistance level may holdings at 0.5074. The Relative Strength Index (RSI) on the 14-day chart is 35.71, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0356, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 83.11%. Stochastics %K at 26.93% 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 2025-02-28, dropping by 39596.0 shares to a total of 0.35 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 0.39 million shares. There was a decline of -11.31%, which implies that there is a negative sentiment for the stock.
