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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 $1.12, down 0.88% from the previous day, and has decreased 42.56% in one year. It has underperformed other stocks in the Medical Care Facilities industry by 0.74 percentage points. Imac Holdings stock is currently +7.69% from its 52-week low of $1.04, and -85.55% from its 52-week high of $7.75.

As of Oct 11, 2024, there are 1.15M shares of BACK outstanding. The market cap of BACK is $1.29M. In the past 24 hours, 13,705 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
$1.12
1w %
2.75%
1y %
-42.56%
5y %
-98.69%
P/E
-0.21x
P/B
-1.04x
P/S
-0.61x
PEG
N/A
Revenue
-$2.09M
Earnings
-$6.13M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$1.29M
Next Earnings
Oct 14, 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:

  • BACK has cash burn of 574825. It has sufficient cash and short-term investments to cover this for at least one year.
  • BACK has $748.60k in cash and short term investments. This is sufficient to cover its annual cash burn of $574.83k.
  • There are more short-term assets than long-term liabilities on the BACK balance sheet.

Cons:

  • There are more short-term liabilities than short-term assets on the BACK balance sheet.
  • BACK debt to equity ratio of -1.74 is negative.
  • Total BACK debt is still negative.
  • BACK profit margin has gone down from 483.9% to 292.7% in the past year.

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

BACK Momentum

SMA10
1.11
SMA20
1.17
SMA50
1.48
SMA100
1.85
SMA200
2.15
MACD
-0.11
MACD Signal
-0.13
MACD Histogram
0.02
RSI
37.92
Stochastic %K
24.32
Stochastic %D
18.65
StochRSI %K
92.59
StochRSI %D
90.49

Are BACK insiders buying or selling the stock?

In 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.

BACK Social Trading Data

One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.

Click below to learn what other investors have to say.

Step 5: Make your BACK trade

There are two main options:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are usually the best for newer investors.
  • Limit order: A limit order allows you to 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 price, use a limit order.

Press the Open Trade button and your broker will execute your order.

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Step 6: Monitor your investment in BACK

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

Start a watchlist to track the latest developments regarding your BACK stock.

BACK Feed

How to Buy Stock in Imac Holdings

To summarize, here are the 6 steps for buying 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 require a place to buy stocks, eToro is our recommended venue.

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 would like to keep track of your investment in Imac Holdings, click below.

NASDAQ: BACK
$1.12-0.01 (-0.88%)
Updated Oct 11, 2024
Open eToro Account
NASDAQ: BACK
$1.12-0.01 (-0.88%)
Updated Oct 11, 2024
Open eToro Account

FAQ

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

As of Oct 11, 2024, it costs $1.12 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 $0.56, you can buy 0.5 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.