Imagination Park Entertainment (CNSX:IP) Trading 10,570.1% Higher – Still a Buy?

Imagination Park Entertainment Inc (CNSX:IP)’s share price traded up 10,570.1% during mid-day trading on Thursday . The company traded as high as $0.4250 and last traded at $42.1470. 7,492,998 shares traded hands during trading, an increase of 34% from the average session volume of 5,594,868 shares. The stock had previously closed at $0.3950.

Imagination Park Entertainment Price Performance

The business’s 50 day simple moving average is $38.61 and its 200 day simple moving average is $44.86.

Imagination Park Entertainment Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 16th. Shareholders of record on Friday, November 14th were issued a dividend of $0.4625 per share. The ex-dividend date was Friday, November 14th. This represents a $1.85 dividend on an annualized basis and a yield of 4.4%.

Imagination Park Entertainment Company Profile

Imagination Park Entertainment Inc creates engaging and interactive content to users through a cloud-based augmented reality (AR) enterprise platform in Canada. Its products include XenoMark, an AR content activation mobile app that allows to create and deploy AR activations by location and visual markers; XenoPlay, an AR mobile browser app; and XenoCloud, a centralized content management system. The company was formerly known as GeoNovus Media Corp. and changed its name to Imagination Park Entertainment Inc in May 2016.