IM Cannabis (IMCC) to Release Quarterly Earnings on Monday

IM Cannabis (NASDAQ:IMCC) is anticipated to issue its quarterly earnings data before the market opens on Monday, March 31st. Analysts expect the company to announce earnings of ($0.39) per share and revenue of $14.48 million for the quarter.

IM Cannabis Stock Up 5.1 %

Shares of NASDAQ:IMCC opened at $1.84 on Friday. IM Cannabis has a fifty-two week low of $1.61 and a fifty-two week high of $8.10. The firm’s 50-day simple moving average is $2.05 and its 200-day simple moving average is $2.27. The company has a market cap of $4.11 million, a price-to-earnings ratio of -0.54 and a beta of 1.03. The company has a quick ratio of 0.59, a current ratio of 0.70 and a debt-to-equity ratio of 0.10.

IM Cannabis Company Profile

IM Cannabis Corp. engages in breeding, growing, and supply of medical cannabis products in Israel and Germany. It offers cannabis flowers and strain-specific cannabis extracts under the IMC brand; and dried flower, pre-rolls, minis, and full spectrum extracts offerings under the WAGNERS and BLKMKT brands.