Company Shares of Imax Corporation (NYSE:IMAX) Drops by -0.1%

Imax Corporation (NYSE:IMAX) : During the past 4 weeks, traders have been relatively bearish on Imax Corporation (NYSE:IMAX), hence the stock is down -3.32% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.37% relative to the S&P 500. The 4-week change in the price of the stock is -1.76% and the stock has fallen -0.1% in the past 1 week.

The company shares have dropped -22.11% from its 1 Year high price. On Dec 15, 2015, the shares registered one year high at $40.36 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $30.50 and the 200 Day Moving Average price is recorded at $31.19.

The stock has recorded a 20-day Moving Average of 0.58% and the 50-Day Moving Average is 7.06%.


Imax Corporation (NYSE:IMAX): stock turned positive on Friday. Though the stock opened at $28.66, the bulls momentum made the stock top out at $29.06 level for the day. The stock recorded a low of $28.5 and closed the trading day at $29.02, in the green by 1.43%. The total traded volume for the day was 688,008. The stock had closed at $28.61 in the previous days trading.

In an insider trading activity,The (Executive Vice President) of Imax Corp, Cripps Andrew sold 31,175 shares at $33.5 on June 2, 2016. The Insider selling transaction had a total value worth of $1,044,363. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

IMAX Corporation is an entertainment technology company. The Company, along with its wholly owned subsidiaries, is specialized motion picture technologies and presentations. The Company operates through seven segments: the IMAX systems, the theater system maintenance, the joint revenue sharing arrangements, film production and IMAX DMR, film distribution, film post-production and other. The Companys businesses include the design and manufacture of theater systems (IMAX theater systems) and the sale, lease or contribution of those systems to customers, and the digital re-mastering of films into the IMAX format and the exhibition of those films in the IMAX theater network. Its trademarks include IMAX, IMAX Dome, IMAX 3D, IMAX 3D Dome, Experience It In IMAX, The IMAX Experience and An IMAX Experience, among others. The Company owns approximately 934 theater systems (828 commercial and 106 institutional) operating in 62 countries.

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