IMAC Holdings has recently announced a significant change in its ticker symbol on the NASDAQ Stock Exchange. Effective May 23, 2023, the company’s new ticker symbol will be “BACK.” This change is a strategic move that aligns with IMAC Holdings’ vision and services for providing optimal spinal health and whole-body wellness.
As a leading provider of health and wellness services, IMAC Holdings owns and manages centers that specialize in sports medicine, orthopedic care, and restorative joint and tissue therapies. These services are designed to help individuals who suffer from movement-restricting pain and neurodegenerative diseases.
Investors and financial analysts can now find IMAC Holdings’ stock price and other financial information under the new ticker symbol “BACK” on various financial websites, such as CNBC and MarketWatch. This change reflects IMAC Holdings’ commitment to providing innovative solutions for optimal spinal health and whole-body wellness.
PSIQ Profile Solutions Inc. (BACK) Stock Analysis: Earnings and Revenue Growth, Market Capitalization, and More
On May 23, 2023, PSIQ Profile Solutions Inc. (BACK) opened at $0.14, with a day’s range between $0.13 and $0.15, and a volume of 534,274 shares traded. The market capitalization of the company was $4.8 million. The earnings growth for the previous and current year was -38.55% and +69.23%, respectively, while the revenue growth for the previous year was +12.51%. The P/E ratio was not available, but the price/sales ratio was 0.35, and the price/book ratio was 1.03. PSIQ Profile Solutions Inc. is a company in the health services sector, specifically in the medical/nursing services industry, with its corporate headquarters located in Franklin, Tennessee. The EPS forecast for the current quarter was -$0.05, and the annual revenue for the previous year was $16.2 million. The annual profit for the previous year was -$18.3 million, and the net profit margin was -113.14%.
IMAC Holdings Incs Stock Performance Soars with 969.90% Increase in Median Target Price
On May 23, 2023, IMAC Holdings Inc saw a significant increase in its stock performance. The company’s 12-month price forecasts had a median target of 1.50, with a high estimate of 1.50 and a low estimate of 1.50, representing a +969.90% increase from the last price of 0.14. The current consensus among one polled investment analyst was to buy stock in IMAC Holdings Inc. IMAC Holdings Inc’s current quarter earnings per share stood at -$0.05, indicating a loss for the company. However, its sales for the quarter were $2.7 million, suggesting that the company was generating revenue. Overall, IMAC Holdings Inc’s stock performance on May 23, 2023, was a positive sign for the company. Investors should keep a close eye on the company’s future earnings reports to see if it can turn its losses around.