IM Cannabis Corp. Common Shares IMCC
$
Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
IM Cannabis Corp. Common Shares (IMCC) Business Model and Operations Summary
IM Cannabis Corp is a Canada-based international medical cannabis company. It operates in the field of medical cannabis, through Focus Medical Herbs Ltd. (Focus), which holds a cultivation license to breed, grow, and supply medical cannabis products The majority of its revenues are generated from sales of medical cannabis products to customers in Israel. The remaining revenues are generated from sales of medical cannabis, as well as other products, to customers in Germany. Geographically, the majority is from Israel.
Key Insights
IM Cannabis Corp. Common Shares (IMCC) Core Market Data and Business Metrics
Latest Closing Price
$1.57Market Cap
$4.84 MillionAverage Daily Trade Volume
11,996 SharesTotal Outstanding Shares
3.09 Million SharesCEO
Mr. Oren ShusterTotal Employees
95Dividend
No dividendIPO Date
March 1, 2021Primary Exchange
NASDAQ
Historical Stock Splits
If you bought 60 shares of IMCC before November 17, 2022, you'd have 1 share today.
| Execution Date | Split Amount |
|---|---|
| July 12, 2024 | 1-for-6 (Reverse Split) |
| November 17, 2022 | 1-for-10 (Reverse Split) |
Historical Dividends
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| No historical dividends | ||||