Benzinga reports on IMAX’s stock winning streak:
Shares of Imax (NASDAQ: IMAX) traded at a new 52-week high today of $24.94. Approximately 530,000 shares have traded hands today vs. average 30-day volume of 1.2 million shares.
Imax is currently trading at $24.89, approximately 31.8% above its 50-day moving average of $18.89. SmarTrend will be monitoring shares of IMAX to see if this bullish momentum will continue.
In the last five trading sessions, the 50-day MA has climbed 4.76% while the 200-day MA has risen 1.6%.
In the past 52 weeks, shares of Imax have traded between a low of $10.04 and a high of $24.82 and are now at $24.35, which is 143% above that low price.
UPDATE: More news on IMAX stock:
Zacks Investment Research: SHARES OF IMAX RANK THE HIGHEST IN TERMS OF RELATIVE PERFORMANCE IN THE MOVIES & ENTERTAINMENT INDUSTRY (IMAX, LYV, CNK, LCAPA, NWSA) | IMAX IS AMONG THE COMPANIES IN THE MOVIES & ENTERTAINMENT INDUSTRY WITH THE BEST RELATIVE PERFORMANCE (IMAX, LCAPA, NWSA, NWS, DIS) | IMAX HAS A RELATIVELY HIGH ENTERPRISE VALUE TO SALES RATIO IN THE MOVIES & ENTERTAINMENT INDUSTRY (IMAX, LCAPA, DWA, RENT, DIS) | IMAX IS AMONG THE COMPANIES IN THE MOVIES & ENTERTAINMENT INDUSTRY WITH THE HIGHEST RETURN ON EQUITY (IMAX, NAVR, WWE, CNK, BTN) | IMAX SET TO POSSIBLY PULLBACK AFTER YESTERDAY’S RALLY OF 0.57% (IMAX)
InvestorGuide.com: IMAX (IMAX) Capitalizes on the Rise of 3D Entertainment
Planet News World: New Highs of NASDAQ in Consumer Goods Sector (DECK, IMAX, PERY, TSLA, SHOO)
Benzinga: Imax: 52-Week High Recently Eclipsed (IMAX) | Imax: Stock on the Move Higher, Up 3% (IMAX) | Uptrend Spotted in Shares of Imax (IMAX) | Shares of Imax Get a Boost, Up 0.7% (IMAX) | Imax: The Trend Continues Up (IMAX)
Market Intelligence Center: IMAX (IMAX) Up 3% And Hits New 52 Week High Of 27.35 | IMAX (IMAX) its 52-Week High Of 27.48
BloggingStocks: IMAX Is on the Move
The Motley Fool: Is IMAX’s Stock Cheap by the Numbers?
TradersHuddle.com: Are The Bears Taking Control Over IMAX?
The StockMasters: When did IMAX Corp (IMAX) get up to almost $30 a share?