How have IMCC shares performed in 2024?

IM Cannabis' stock was trading at $0.3570 at the start of the year. Since then, IMCC stock has increased by 63.4% and is now trading at $0.5834. View the best growth stocks for 2024 here .

Are investors shorting IM Cannabis?

IM Cannabis saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 98,100 shares, an increase of 133.0% from the March 15th total of 42,100 shares. Based on an average daily volume of 634,100 shares, the short-interest ratio is currently 0.2 days. Approximately 1.1% of the shares of the stock are short sold. View IM Cannabis' Short Interest .

When is IM Cannabis' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 20th 2024. View our IMCC earnings forecast .

When did IM Cannabis' stock split?

IM Cannabis shares reverse split on the morning of Wednesday, November 16th 2022. The 1-10 reverse split was announced on Wednesday, November 16th 2022. The number of shares owned by shareholders was adjusted after the market closes on Wednesday, November 16th 2022. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

How do I buy shares of IM Cannabis?

Shares of IMCC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:IMCC

IM Cannabis (IMCC) Stock Price, News & Analysis

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$0.58

+0.02 (+3.55%)

(As of 04/18/2024 ET)

Compare

Today's Range: $0.53
▼
$0.65
50-Day Range: $0.26
▼
$1.08
52-Week Range: $0.19
▼
$1.43

Volume: 162,605 shs
Average Volume: 586,727 shs
Market Capitalization: $7.81 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: N/A

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About IM Cannabis Stock (NASDAQ:IMCC)

IM Cannabis Corp. engages in breeding, growing, and supply of medical cannabis products in Israel and Germany. It offers cannabis flowers and strain-specific cannabis extracts under the IMC brand; and dried flower, pre-rolls, minis, and full spectrum extracts offerings under the WAGNERS and BLKMKT brands. The company serves medical patients. IM Cannabis Corp. is headquartered in Tel Aviv, Israel.

IMCC Stock Price History

30 days | 90 days | 365 days | Advanced Chart

IMCC Stock News Headlines

April 11, 2024 | americanbankingnews.com

Head to Head Survey: IM Cannabis (NASDAQ:IMCC) & FitLife Brands (NASDAQ:FTLF)

April 9, 2024 | finanznachrichten.de

Aegis Capital Corp. Acted as Sole Bookrunner on a $3.23 Million Underwritten Public Offering for Flora Growth Corp.

April 18, 2024 | Gold Safe Exchange (Ad)

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Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

April 9, 2024 | prnewswire.com

IM Cannabis and Flora Growth Partner to Bring Vessel Cannabis Accessories to the Israeli Market

April 1, 2024 | prnewswire.com

IMC applauds the April 1st implementation of the new Israeli cannabis regulation, facilitating access for many new patients

March 30, 2024 | msn.com

Germany to Usher in New Era with Marijuana Legalization Law Effective April 1st

March 28, 2024 | msn.com

Rockford man charged with selling crack cocaine, cannabis

March 28, 2024 | prnewswire.com

IM Cannabis Reports 2023 Financial Results

April 18, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

March 25, 2024 | prnewswire.com

IMC Expects Accelerated Growth in Germany from the Country's Groundbreaking Cannabis Legalization

March 20, 2024 | prnewswire.com

IM Cannabis to Report Fourth Quarter and Full Year 2023 Financial Results on Thursday, March 28 at 9:00am ET

March 18, 2024 | msn.com

Businesses ready to go on Kentucky medical marijuana. Why can't they proceed?

February 28, 2024 | finanznachrichten.de

IM Cannabis Corp.: IMC Announces Potential Reverse Merger with Kadimastem a leading Clinical cell therapy company

February 28, 2024 | finance.yahoo.com

Kadimastem Takes Another Step Towards Signing the Merger Agreement with Nasdaq Listed IMCC

February 28, 2024 | finance.yahoo.com

IMC Announces Potential Reverse Merger with Kadimastem a leading Clinical cell therapy company

February 15, 2024 | thestreet.com

IM Cannabis Corp. News

January 12, 2024 | finanznachrichten.de

IM Cannabis Corp.: IMC Reschedules the Final Payment of the Oranim Pharmacy Acquisition

January 12, 2024 | finance.yahoo.com

IMC Reschedules the Final Payment of the Oranim Pharmacy Acquisition

January 2, 2024 | finanznachrichten.de

IM Cannabis Corp.: IMC Announces the Conclusion of the Planning and Construction Legal Proceedings

January 2, 2024 | finance.yahoo.com

IMC Announces the Conclusion of the Planning and Construction Legal Proceedings

December 8, 2023 | finance.yahoo.com

New Israeli cannabis regulation, facilitating access for many new patients, scheduled for December 29, 2023, has been postponed by three months; Israeli Ministry of Health published a new report showing a surge in new medical cannabis patients in November 2023

November 8, 2023 | finance.yahoo.com

IM Cannabis to Report Third Quarter 2023 Financial Results on Monday, November 13 at 9:00am ET

October 10, 2023 | finanznachrichten.de

IM Cannabis Corp.: IM Cannabis Announces the appointment of Uri Birenberg as Chief Financial Officer

October 10, 2023 | finance.yahoo.com

IM Cannabis Announces the appointment of Uri Birenberg as Chief Financial Officer

October 6, 2023 | cbsnews.com

Michigan man growing cannabis worth millions won't face major charges, court says

September 25, 2023 | msn.com

"We got this wrong:" Minnesota's first legal cannabis director quits after one day

September 12, 2023 | msn.com

Mum defends decision to smoke medical marijuana while pregnant

See More Headlines

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Company Calendar

Today: 4/18/2024
Next Earnings (Estimated): 5/20/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Medical
Industry: Medicinals & botanicals
Sub-Industry: N/A
Current Symbol: NASDAQ:IMCC
CUSIP: N/A
CIK: 1792030
Web: www.imcannabis.com
Phone: 972-54-433-1111
Fax: N/A
Employees: 95
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): ($0.47)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-7,040,000.00
Net Margins: -16.42%
Pretax Margin: -19.38%
Return on Equity: -44.25%
Return on Assets: -16.48%

Debt

Debt-to-Equity Ratio: 0.03
Current Ratio: 0.74
Quick Ratio: 0.44

Sales & Book Value

Annual Sales: $36.15 million
Price / Sales: 0.22
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $0.76 per share
Price / Book: 0.78

Miscellaneous

Outstanding Shares: 13,390,000
Free Float: 12,599,000
Market Cap: $7.90 million
Optionable: Not Optionable
Beta: 1.03

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Key Executives

Mr. Marc Lustig M.B.A. (Age 50)
M.Sc., Executive Chairman
Comp: $94.91k
Mr. Oren Shuster
CEO & Director
Mr. Uri Birenberg (Age 48)
Chief Financial Officer
Comp: $237.95k
Mr. Richard Balla
Chief Executive Officer of Adjupharm
Advocate Michal Lebovitz Nissimov
General Counsel

Key Competitors

View All Competitors

IMCC Stock Analysis - Frequently Asked Questions

How have IMCC shares performed in 2024?: IM Cannabis' stock was trading at $0.3570 at the start of the year. Since then, IMCC stock has increased by 63.4% and is now trading at $0.5834.
View the best growth stocks for 2024 here.
Are investors shorting IM Cannabis?: IM Cannabis saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 98,100 shares, an increase of 133.0% from the March 15th total of 42,100 shares. Based on an average daily volume of 634,100 shares, the short-interest ratio is currently 0.2 days. Approximately 1.1% of the shares of the stock are short sold.
View IM Cannabis' Short Interest.
When is IM Cannabis' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, May 20th 2024.
View our IMCC earnings forecast.

When did IM Cannabis' stock split?: IM Cannabis shares reverse split on the morning of Wednesday, November 16th 2022. The 1-10 reverse split was announced on Wednesday, November 16th 2022. The number of shares owned by shareholders was adjusted after the market closes on Wednesday, November 16th 2022. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.
How do I buy shares of IM Cannabis?: Shares of IMCC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:IMCC) was last updated on 4/18/2024 by MarketBeat.com Staff

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