IMXI - International Money Express Inc.: The Winning Streak Continues (IMXI)
International Money Express Inc. (NASDAQ:IMXI) traded at a new 52-week high today of $21.04. So far today approximately 151,000 shares have been exchanged, as compared to an average 30-day volume of 319,000 shares.
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.
Over the past year, International Money Express Inc. has traded in a range of $13.14 to $21.04 and is now at $21.04, 60% above that low.
Based on a current price of $21.04, International Money Express Inc. is currently 3.6% above its average consensus analyst price target of $20.28.
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