International Media Acquisition (OTCMKTS:IMAQ) Shares Up 0.6% – Time to Buy?

Shares of International Media Acquisition Corp. (OTCMKTS:IMAQ) shot up 0.6% on Friday . The stock traded as high as $10.10 and last traded at $10.10. 420 shares changed hands during trading, an increase of 192% from the average session volume of 144 shares. The stock had previously closed at $10.04.

International Media Acquisition Trading Up 0.6%

The firm’s fifty day moving average price is $9.91 and its 200-day moving average price is $9.90.

International Media Acquisition Company Profile

International Media Acquisition Corp. does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in the media and entertainment sector. International Media Acquisition Corp. was incorporated in 2021 and is based in North Brunswick, New Jersey.