IMImobile (IMO) Hits New 12-Month Low at $208.00

IMImobile PLC (LON:IMO)’s share price reached a new 52-week low during trading on Monday . The stock traded as low as GBX 208 ($2.72) and last traded at GBX 208 ($2.72), with a volume of 93816 shares trading hands. The stock had previously closed at GBX 215 ($2.81).

Separately, Canaccord Genuity initiated coverage on IMImobile in a research report on Friday, February 1st. They issued a “buy” rating and a GBX 310 ($4.05) target price for the company.

In related news, insider Charles John Allwood acquired 10,000 shares of the stock in a transaction dated Friday, January 4th. The stock was bought at an average cost of GBX 215 ($2.81) per share, for a total transaction of £21,500 ($28,093.56). Also, insider Vishwanath Alluri acquired 85,000 shares of the stock in a transaction dated Thursday, January 24th. The shares were bought at an average price of GBX 214 ($2.80) per share, with a total value of £181,900 ($237,684.57).

ILLEGAL ACTIVITY WARNING: This news story was originally published by The Lincolnian Online and is the sole property of of The Lincolnian Online. If you are reading this news story on another domain, it was copied illegally and reposted in violation of U.S. & international copyright & trademark legislation. The legal version of this news story can be read at https://www.thelincolnianonline.com/2019/02/11/imimobile-imo-hits-new-12-month-low-at-208-00.html.

About IMImobile (LON:IMO)

IMImobile PLC provides cloud communications software and solutions that enables companies to use mobile and digital technologies to communicate and engage with their customers. The company offers IMIbot.ai, a modular AI platform for the end-to-end delivery of automated conversational experiences across the customer lifecycle; IMIchat, a cloud application that consolidates digital, mobile, and social customer service channels to a single agent desktop; IMIcampaign, a cloud campaign management application designed for multi-channel communication; IMIconnect, an enterprise-grade communications platform; and MIsocial that enhances live programming with audience content.

Further Reading: Quiet Period

Receive News & Ratings for IMImobile Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IMImobile and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply