IMAX Corporation (IMAX) Surges: Stock Moves 5.9% Higher
IMAX Corporation IMAX was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $10.54–$12.83 in the past one-month time frame, witnessed a sharp increase yesterday.
The company has seen no changes when it comes to estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
IMAX Corporation currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is 0.00%.
IMAX Corporation Price
A better-ranked stock in the Film and Television Production and Distribution industry is Lions Gate Entertainment Corp LGF.A, holding a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here.
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