IMAC (NASDAQ:IMAC) Shares Down 7.1% – What’s Next?

IMAC Holdings, Inc. (NASDAQ:IMACGet Free Report) fell 7.1% on Friday . The company traded as low as $1.21 and last traded at $1.30. 67,417 shares traded hands during trading, a decline of 90% from the average session volume of 708,132 shares. The stock had previously closed at $1.40.

IMAC Stock Down 7.1 %

The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 0.01. The firm’s fifty day moving average is $1.16 and its 200-day moving average is $1.42.

About IMAC

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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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