At the time of writing, Integrated Media Technology Limited [IMTE] stock is trading at $2.10, up 288.96%. An important factor to consider is whether the stock is rising or falling in short-term value. The IMTE shares have gain 101.94% over the last week, with a monthly amount glided 66.20%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
For the past year, the stock price of Integrated Media Technology Limited fluctuated between $0.51 and $3.84. Integrated Media Technology Limited [NASDAQ: IMTE] shares were valued at $2.10 at the most recent close of the market.
Analyzing the IMTE fundamentals
According to Integrated Media Technology Limited [NASDAQ:IMTE], the company’s sales were 0.11M for trailing twelve months, which represents an -85.62% plunge. Gross Profit Margin for this corporation currently stands at -8.82% with Operating Profit Margin at -128.56%, Pretax Profit Margin comes in at -132.02%, and Net Profit Margin reading is -122.07%. To continue investigating profitability, this company’s Return on Assets is posted at -0.64, Equity is -1.12 and Total Capital is -0.73. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.74.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.3400 points at the first support level, and at 0.5900 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.5400, and for the 2nd resistance point, it is at 2.9900.
Ratios To Look Out For
It is important to note that Integrated Media Technology Limited [NASDAQ:IMTE] has a current ratio of 1.33. On the other hand, the Quick Ratio is 0.20, and the Cash Ratio is 0.0. Considering the valuation of this stock, the price to sales ratio is 65.42, the price to book ratio is 0.45.
