International Money Express Inc (NASDAQ:IMXI) insider Solomon Cohen sold 16,508 shares of the business’s stock in a transaction on Monday, September 16th. The stock was sold at an average price of $12.75, for a total value of $210,477.00.
Shares of NASDAQ IMXI traded down $0.08 during trading on Tuesday, reaching $13.78. The company had a trading volume of 2,131 shares, compared to its average volume of 328,401. International Money Express Inc has a twelve month low of $10.31 and a twelve month high of $15.11. The stock has a market capitalization of $528.34 million, a PE ratio of -275.40 and a beta of -0.23. The stock has a 50-day moving average price of $13.78 and a two-hundred day moving average price of $12.96. The company has a current ratio of 1.71, a quick ratio of 1.71 and a debt-to-equity ratio of 2.81.
International Money Express (NASDAQ:IMXI) last announced its quarterly earnings data on Thursday, August 8th. The company reported $0.26 EPS for the quarter, beating the Zacks’ consensus estimate of $0.15 by $0.11. The business had revenue of $82.68 million during the quarter, compared to the consensus estimate of $81.60 million. International Money Express had a return on equity of 24.08% and a net margin of 0.56%. On average, sell-side analysts predict that International Money Express Inc will post 0.76 EPS for the current year.
Several large investors have recently made changes to their positions in IMXI. BlackRock Inc. grew its position in shares of International Money Express by 2,942.0% in the second quarter. BlackRock Inc. now owns 991,155 shares of the company’s stock valued at $13,975,000 after purchasing an additional 958,573 shares during the period. Vanguard Group Inc. grew its position in shares of International Money Express by 61.7% in the second quarter. Vanguard Group Inc. now owns 783,604 shares of the company’s stock valued at $11,049,000 after purchasing an additional 298,987 shares during the period. Northern Right Capital Management L.P. purchased a new stake in shares of International Money Express in the second quarter valued at $3,373,000. ETF Managers Group LLC purchased a new stake in shares of International Money Express in the second quarter valued at $2,295,000. Finally, Anchor Capital Advisors LLC purchased a new stake in shares of International Money Express in the second quarter valued at $1,273,000. 37.23% of the stock is owned by institutional investors and hedge funds.
International Money Express Company Profile
International Money Express, Inc, through its subsidiary, operates as a money remittance services company in the United States, Latin America, Mexico, Central and South America, and the Caribbean. The company offers remittance services, including a suite of ancillary financial processing solutions and payment services.
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