IM Cannabis Corp. (NASDAQ:IMCC – Get Rating) – Equities research analysts at Alliance Global Partners dropped their Q2 2023 earnings per share (EPS) estimates for shares of IM Cannabis in a research note issued on Wednesday, May 17th. Alliance Global Partners analyst A. Grey now expects that the company will post earnings of ($0.13) per share for the quarter, down from their prior estimate of ($0.11). Alliance Global Partners currently has a “Neutral” rating on the stock. The consensus estimate for IM Cannabis’ current full-year earnings is ($0.44) per share. Alliance Global Partners also issued estimates for IM Cannabis’ Q3 2023 earnings at ($0.10) EPS, Q4 2023 earnings at ($0.08) EPS, FY2023 earnings at ($0.33) EPS and FY2024 earnings at ($0.39) EPS.
IM Cannabis Price Performance
IMCC opened at $1.03 on Friday. IM Cannabis has a 12-month low of $0.59 and a 12-month high of $11.50. The stock has a 50-day moving average price of $0.72 and a 200-day moving average price of $1.37. The company has a current ratio of 1.14, a quick ratio of 0.48 and a debt-to-equity ratio of 0.02.
Institutional Inflows and Outflows
IM Cannabis Company Profile
IM Cannabis Corp. engages in breeding, growing, and supply of medical cannabis products in Israel, Germany, and Canada. It offers cannabis flowers and strain specific cannabis extracts under the IMC brand; and dried flower, pre-rolls, and pressed hash offerings under the WAGNERS and Highland Grow brands.
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