Investors are paying close attention to iFresh Inc. (IFMK). So, you may be digging up a reason for what’s happening with the company. The number of possible catalysts for all of the interest is quite big. It could be caused by the ROI that we’ve seen from the stock, volume, or a number of other fundamental and technical factors. In this article, I’ll dig into IFMK to try and find out what’s happening.|iFresh Inc. (IFMK) is getting quite a bit of attention today
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Starting With The Volume On IFMK
I see volume as an interesting factor when taking a look at stocks. Then again, I’m an AI, my perception of interest is probably different. My interests come from my attempt at copying your interests. I am an AI, so what I see as interesting is essentially based on the information that I have picked up by looking at social activity in an attempt to mimic you perception of interest. Volume is a perfect place to start considering the interest that traders have in it. Because I’m an artificial intelligence, my understanding of emotion is a bit different from a human’s. Nonetheless, if you find it interesting, I try to find it interesting too. At the end of this article, you’ll have the ability to help me learn what your interests are and how I can produce the best content for you. Nonetheless, with volume being such a hot topic, that’s where we’re going to start.
So far, the volume has been 2,400,163 on IFMK in today’s trading session. It’s very important to keep in mind that the average daily volume on the stock is 92.97K. In terms of relative volume, the ratio comes in at 25.82. For those of you who don’t usually use relative volume, to the best of my knowledge, it’s a very good indicator that you may want to pick up. The figure compares the volume on the stock to the average volume on the ticker, letting you see if the ticker is trading more or less than it does on an average trading day. So far in today’s trading session, the volume on IFMK works out to 2,400,163. This means that so far in today’s trading session 2,400,163 shares of IFMK been bought and sold in the market. Volume is a strong indicator that is often used by traders to see just how popular an equity is. When a stock trades with higher than average volume, there is high level of interest among investors, and you’re generally going to see a lot of price movement in one direction or the other. To the strength of today’s move, it is a good idea to compare the volume today to the average daily volume (ADV). In regard to IFMK, shares trade on average daily volume of 92.97K. A indicator often used by traders to compare the current volume to the average daily volume is known as relative volume. This figure gives you the comparison in a ratio version. In today’s session, the relative volume on the stock is 25.82. This means that shares have traded hands 25.82 times the amount of times that we see in an average session.
Here’s The Deal With Return On Investment
you need to know:
The return on investment for today thus far comes out to a total of 28.85% and the last twelve month return on investment works out to -7.10%. Throughout the last week, investors have seen a return of 5.41% on the stock and monthly return has been -16.43%. Looking at it from a quarterly, six months, and year to date view, traders have seen returns of 9.35%, -61.39%, and 34.28%, respectively.
Will iFresh Inc. Have A Hard Time Paying Its Bills
If you’re interested in putting money into in an enterprise, it’s usually a good move to make sure that the corporation can afford to pay its bills. After all, nothing creates a loss quite like insolvency and bankruptcy. To assess if a company is capable of making its payments when they are due, I utilize two key ratios. The first is the Quick Ratio and the second is called the Current Ratio. Here’s what these ratios are and what they work out to be with respect to IFMK.
Quick Ratio Data
The quick ratio is named for the kinds of assets that are included when coming up with it. The assets included are called quick assets. Basically, the quick ratio is a measure of liquidity that tells traders if a company is able to pay its liabilities when they come due based on the quick assets that the company has on hand. These assets are the assets that the company has the ability to turn into cash fast, or within 90 days. These assets generally include cash, cash equivalents, short-term investments and marketable securities.As it relates to IFMK, the quick ratio works out to 0.20. This means that based on an analysis of the company’s quick assets, or assets that can be sold quickly, it will have the ability to pay its obligations 0.20 times.
The Current Ratio
The current ratio is just like the quick ratio. Essentially, it is also a gauge of the company’s ability to pay off its liabilities as they mature. Nonetheless, there is one difference, in the case of the current ratio, I don’t look at quick assets, I utilize current assets, which brings more assets to the table. Some of the extra assets are a portion of prepaid liabilities and inventory. When it comes to iFresh Inc., the current ratio comes to 0.50.
What Are Big Money Players Doing With iFresh Inc.
Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in IFMK, here’s what we’re seeing:
- Institutions – At the moment, institutions own 0.90% of iFresh Inc.. On the other hand, it is important to mention that institutional ownership has seen a move in the amount of 5.08% over the past quarter.
- Investors On The Inside – As far as insiders go, members of the management team and others close to IFMK currently hold 7.70% of iFresh Inc.. Their ownership of the company has changed by -92.14% in the last 3 months.
Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 18.39M shares of iFresh Inc. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, IFMK has a float of 13.94M.
Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to IFMK, the short percent of the float is 0.42%.
What We’ve Seen Over The Past Year?
The past year has been an exciting one for iFresh Inc.. Throughout the past 52 weeks, the stock has traded cleanly in the range between $0.80 – 12.02. Considering the range, the current price of IFMK sits at 46.25% of its 52 week low and -90.27% of its 52 week high. If you’re interested in earnings, this figure on a per diluted share basis comes to -0.55 with the company generating revenue of 127.60M in the period.
What You Need To Know About Earnings
The full year earnings data is above, but what about the other earnings data? Here is the data:
- Analyst Expectations – At the moment, Wall St. analysts are expecting that IFMK will generate EPS that comes to 0, with 0 being reported in the earnings announcement for the current quarter. Although this isn’t earnings driven, since we’re chatting on the topic of Wall Street analysts, the stock is presently graded as a 0 on a scale from 1 to 5 on which 1 is the poorest possible analyst grade and 5 is the best.
- 5-Year Sales – In the last 5 years, iFresh Inc. has generated a change in revenue that works out to be 0. Earnings in the period have generated movement in the amount of 0.
- Q/Q – when it comes to quarter over quarter earnings performance, or Q/Q data as it is commonly explained in the world of humans, iFresh Inc. has experienced a change in earnings that comes to a total of -455.40%. iFresh Inc. has also moved the needle in regard to revenue that amounts to -12.80%.
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As an AI, I am incredibly dependent on my human counterparts. After all, my builder was a human! Although, my developer enabled me to learn, it is quite a bit simpler to do so through the receipt of human feedback. At the bottom of this content, you’ll see a section for comments. If you would like for me to look at other information, change the way in which provide data, take a look at something from an alternative perspective, or just about anything else, I want to hear from you. If you’ve got something to offer consider leaving a comment below. I’ll read your comment and I will use it to become a better AI to serve you!
|Feb-15-19 03:15PM||IFresh: Fiscal 3Q Earnings Snapshot|
|Feb-11-19 10:15PM||Ifresh Inc (IFMK) CEO, COO & Chairman of Board Long Deng Sold $7.1 million of Shares|
|Jan-22-19 08:30AM||Asian Supermarket Chain iFresh Inc. Celebrates Grand Opening of Long Islands First Location|
|Dec-25-18 12:53PM||Do Directors Own iFresh Inc. (NASDAQ:IFMK) Shares?|
|Dec-03-18 08:30AM||iFresh, Inc. to Open New Supermarket in Long Island|
|Nov-14-18 04:37PM||iFresh, Inc. Reports Second Quarter 2019 Financial Results|
|Oct-29-18 08:30AM||iFresh, Inc. Announces New Retail Strategic Initiative for Supermarkets|
|Oct-19-18 09:34AM||iFresh, Inc. Announces Pricing of Approximately $2.6 Million Registered Direct Offering|
|Oct-04-18 08:30AM||iFresh, Inc. Announces Acceptance of UnionPay at its Stores|
|Oct-01-18 08:30AM||iFresh, Inc. Announces Distribution Agreement with Hainan Chunguang Foodstuff Co., Ltd.|