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How to Buy Imac Holdings Stock

Imac Holdings Inc

IMAC Holdings, Inc. owns, manages, and subleases a chain of innovative medical advancements and care regeneration centers in the United States.

Imac Holdings stock last closed at $3.49, up 5.61% from the previous day, and has decreased 20.27% in one year. It has underperformed other stocks in the Medical Care Facilities industry by 0.25 percentage points. Imac Holdings stock is currently +186.12% from its 52-week low of $1.22, and -44.55% from its 52-week high of $6.29.

As of Apr 24, 2024, there are 1.15M shares of BACK outstanding. The market cap of BACK is $4.00M. In the past 24 hours, 164,020 BACK shares were traded.

How to Buy Imac Holdings Stock

Not sure how to invest in Imac Holdings stock? Here's how.
  1. Decide where to buy Imac Holdings stock: You need to pick a stock brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you choose where to buy Imac Holdings stock.
  2. Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Deposit money your brokerage account: Choose your method of payment and add your info.
  4. Evaluate Imac Holdings stock: The Imac Holdings ticker symbol is BACK. Is Imac Holdings stock a good investment? Should you buy shares of BACK? How do BACK's underlying business fundamentals look? Do top analysts think Imac Holdings is a good buy? Why has BACK's stock price moved recently? (Hint: Our stock market research website can help you decide if BACK is a good stock to buy).
  5. Make your BACK trade: Decide if you will purchase BACK shares at the current market price or use a limit order to buy BACK stock at a given price.
  6. Monitor your investment in BACK: Create a watchlist to important updates regarding your investment in Imac Holdings shares.

Step 1: Decide where to buy Imac Holdings stock

You will need an online brokerage account in order to access the NASDAQ market and buy BACK stock.

A brokerage account is an investment account that enables you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Open a brokerage account

Now that you've chosen the right brokerage, it's time to fill out some personal details so you are able to buy BACK today.

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  2. Enter your personal data to create a new brokerage account.
  1. Submit your application by clicking the "Create Account" button.
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Step 3: Deposit money your brokerage account

Now that you've finished signing up on the best stock buying app, you can securely and quickly fund your account:

Check out the tutorial below to see the process of depositing funds into your brokerage account.

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Step 4: Evaluate Imac Holdings stock

After you have selected the best place to buy Imac Holdings stock, it's critical to evaluate their stock before you buy, so you truly wrap your head around the risk as well as the upside.

Imac Holdings stock at a glance

BACK Price
$3.49
1w %
-1.83%
1y %
-20.27%
5y %
-97.36%
P/E
-0.41x
P/B
-5.32x
P/S
N/A
PEG
N/A
Revenue
$0.00
Earnings
-$9.42M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$4.00M
Next Earnings
May 7, 2024
Next Dividend
N/A

Imac Holdings Overview

WallStreetZen was designed to help part-time investors perform better fundamental analysis quickly.

You can see all of the due diligence checks on BACK's stock page.

Is BACK stock undervalued or overvalued?

You can use many financial metrics, analyses, models, and charts to gauge BACK's intrinsic value.

You can do more valuation analysis on BACK's stock here.

BACK Financial Health Summary

Pros:

  • There are more short-term assets than long-term liabilities on the BACK balance sheet.
  • BACK has $952.58k in cash and short term investments. This is sufficient to cover its annual cash burn of $1.79M.

Cons:

  • BACK debt to equity ratio of -2.52 is negative.
  • Total BACK debt is still negative.
  • BACK has cash burn of 1790151. It does not have sufficient cash and short-term investments to cover this.
  • There are more short-term liabilities than short-term assets on the BACK balance sheet.

You can dive deeper into what analysts are projecting on the Imac Holdings stock forecast page.

BACK Technical Indicators

SMA10
3.39
SMA20
3.11
SMA50
2.2
SMA100
2.11
SMA200
2.27
MACD
0.35
MACD Signal
0.37
MACD Histogram
-0.02
RSI
59.13
Stochastic %K
36.39
Stochastic %D
32.36
StochRSI %K
9.55
StochRSI %D
4.69

BACK Growth Numbers

Last year, BACK revenue was $0.00. In the past 5 year, BACK's revenue has grown by -100% per year. This was slower than the Medical Care Facilities industry average of 7.73%.

Dive into BACK's earnings and revenue performance here.

What are BACK executives and large shareholders up to?

Over the past year, executives and large shareholders at BACK have not bought or sold any shares.

Learn more about who owns BACK stock here.

Can I get consistent income from BACK stock?

No, Imac Holdings doesn't provide an income stream by paying out dividends.

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Step 5: Make your BACK trade

You have two primary order types:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are usually fine.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at an exact dollar amount, use a limit order.

Hit the Open Trade button and your broker will place your order.

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Step 6: Monitor your investment in BACK

Now that you own some BACK shares, you'll want to keep up with your new shares.

Put BACK on a watchlist to get alerted to the latest events about your BACK stock.

BACK Feed

How to Buy Stock in Imac Holdings

To summarize, here are the 6 steps to buy Imac Holdings stock:

  1. Decide where to buy Imac Holdings stock
  2. Open a brokerage account
  3. Deposit money your brokerage account
  4. Evaluate Imac Holdings stock
  5. Make your BACK trade
  6. Monitor your investment in BACK

If you are looking for a place to buy stocks, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get updates on your new investment in Imac Holdings, get started below.

NASDAQ: BACK
$3.49+0.19 (+5.61%)
Updated Apr 24, 2024
Open eToro Account
NASDAQ: BACK
$3.49+0.19 (+5.61%)
Updated Apr 24, 2024
Open eToro Account

FAQ

How much does it cost to buy one Imac Holdings share?

As of Apr 24, 2024, it costs $3.49 to buy one share of Imac Holdings stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $1, you can buy 0.287 shares of BACK.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Imac Holdings stock?

One way to place an order for Imac Holdings stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.