IMAC Holdings, Inc. (NASDAQ:BACK – Get Rating) shares rose 3.5% on Monday . The company traded as high as $0.29 and last traded at $0.29. Approximately 28,542 shares changed hands during mid-day trading, a decline of 94% from the average daily volume of 510,505 shares. The stock had previously closed at $0.28.

Analyst Ratings Changes

Separately, Ascendiant Capital Markets cut their target price on IMAC to $5.00 in a research report on Tuesday, September 6th.

IMAC Stock Performance

The firm's 50-day simple moving average is $0.35. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 0.01.

IMAC Company Profile

IMAC Holdings, Inc owns, manages, and subleases a chain of innovative medical advancements and care regeneration centers in the United States. The company's outpatient medical clinics provide regenerative, orthopedic, and minimally invasive procedures and therapies to patients with sports injuries, ligament and tendon damage, and other related soft tissue conditions, as well as back, knee, and joint pains.

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