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Imax Corp Shares Down 36.5% Since SmarTrend's Sell Call (IMAX)

By Shiri Gupta

SmarTrend identified a Downtrend for Imax Corp (NASDAQ:IMAX) on April 12th, 2017 at $31.97. In approximately 3 months, Imax Corp has returned 36.51% as of today's recent price of $20.30.

Imax Corp share prices have moved between a 52-week high of $35.30 and the current low of $20.25 and are currently at $20.30 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.4% while the 200-day MA has slid 0.3%.

IMAX Corporation offers end-to-end cinematic solution combining proprietary software, theater architecture, and equipment. The Company designs and manufactures premium theater systems and digitally re-masters films into the IMAX format and the exhibition of those films in the IMAX theater network.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Imax Corp.

Log in and add Imax Corp (IMAX) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights imax corp

Ticker(s): IMAX