IMXI - International Money Express Inc.: 52-Week High Recently Eclipsed (IMXI)
Shares of International Money Express Inc. (NASDAQ:IMXI) traded today at $19.31, eclipsing its 52-week high. This new high was reached on below average trading volume as 151,000 shares traded hands, while the average 30-day volume is approximately 291,000 shares.
International Money Express Inc. share prices have moved between a 52-week high of $19.31 and a 52-week low of $13.14 and are now trading 47% above that low price at $19.27 per share.
International Money Express Inc. (NASDAQ:IMXI) defies analysts with a current price ($19.27) 6.6% above its average consensus price target of $18.00.
International Money Express Inc is a processor of money transfer services in the USA to the Latin America corridor (LAC). The company offers services in approximately 50 states and Latin American countries. Computer and telephone-based options are available for convenient wire transfers. The company offers wire transfer, money order, Foreign exchange, and cash checking services, while the majority of the revenue is derived from wire transfer and money order fees. The firm's business is organized around one reportable segment that provides money remittance services primarily between the U.S. and Canada to Mexico, Guatemala, and other countries in Latin America, Africa, and Asia.
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