NASDAQ:IMCC

IM Cannabis (IMCC) Stock Price, News & Analysis

$0.89
-0.02 (-2.20%)
(As of 05/3/2024 ET)
Today's Range
$0.83
$0.96
50-Day Range
$0.30
$1.11
52-Week Range
$0.19
$1.43
Volume
1.01 million shs
Average Volume
3.13 million shs
Market Capitalization
$11.91 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
IMCC stock logo

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

IMCC Stock News Headlines

Why Is IM Cannabis (IMCC) Stock Up 49% Today?
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Why Is IM Cannabis (IMCC) Stock Up 49% Today?
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IM Cannabis Reports 2023 Financial Results
IM Cannabis Corp. News
See More Headlines
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Company Calendar

Last Earnings
3/28/2024
Today
5/05/2024
Next Earnings (Confirmed)
5/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Medicinals & botanicals
Sub-Industry
N/A
Current Symbol
NASDAQ:IMCC
Fax
N/A
Employees
95
Year Founded
N/A

Profitability

Net Income
$-7,040,000.00
Pretax Margin
-19.38%

Debt

Sales & Book Value

Annual Sales
$36.15 million
Book Value
$0.76 per share

Miscellaneous

Free Float
12,599,000
Market Cap
$11.91 million
Optionable
Not Optionable
Beta
0.64
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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

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 149.2% and is now trading at $0.8897.
View the best growth stocks for 2024 here
.

Are investors shorting IM Cannabis?

IM Cannabis saw a increase in short interest in April. As of April 15th, there was short interest totaling 342,900 shares, an increase of 249.5% from the March 31st total of 98,100 shares. Based on an average daily trading volume, of 662,600 shares, the short-interest ratio is presently 0.5 days. Approximately 3.7% of the shares of the stock are sold short.
View IM Cannabis' Short Interest
.

When is IM Cannabis' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our IMCC earnings forecast
.

How were IM Cannabis' earnings last quarter?

IM Cannabis Corp. (NASDAQ:IMCC) announced its earnings results on Thursday, March, 28th. The company reported ($0.18) earnings per share for the quarter, missing the consensus estimate of ($0.16) by $0.02. The business earned $7.86 million during the quarter, compared to analyst estimates of $7.59 million. IM Cannabis had a negative trailing twelve-month return on equity of 44.25% and a negative net margin of 16.42%.

When did IM Cannabis' stock split?

IM Cannabis's stock reverse split on 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 5/5/2024 by MarketBeat.com Staff

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