IMAC (NASDAQ:IMAC) Lowered to “Hold” at ValuEngine

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IMAC (NASDAQ:IMAC) was downgraded by stock analysts at ValuEngine from a “buy” rating to a “hold” rating in a research note issued to investors on Tuesday, ValuEngine reports.

IMAC opened at $1.86 on Tuesday. IMAC has a 52-week low of $1.54 and a 52-week high of $7.20. The company has a current ratio of 0.36, a quick ratio of 0.36 and a debt-to-equity ratio of 0.78. The business’s 50-day simple moving average is $2.50 and its 200 day simple moving average is $3.64.

About IMAC

IMAC Holdings, Inc operates a chain of integrated medicine and chiropractic regeneration centers. The company's outpatient clinics provide regenerative, orthopedic, and minimally invasive procedures and therapies to patients with back pain, knee pain, joint pain, ligament and tendon damage, and other related soft tissue conditions.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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