Royce & Associates LP increased its holdings in shares of International Money Express, Inc. (NASDAQ:IMXI – Free Report) by 15.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 644,710 shares of the company’s stock after buying an additional 87,521 shares during the quarter. Royce & Associates LP owned 2.07% of International Money Express worth $13,429,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds also recently added to or reduced their stakes in the business. Wellington Management Group LLP grew its stake in shares of International Money Express by 7.5% during the third quarter. Wellington Management Group LLP now owns 1,556,925 shares of the company’s stock worth $28,788,000 after acquiring an additional 109,293 shares during the last quarter. Forager Capital Management LLC boosted its stake in International Money Express by 27.1% in the 3rd quarter. Forager Capital Management LLC now owns 1,221,174 shares of the company’s stock worth $22,580,000 after purchasing an additional 260,000 shares in the last quarter. New South Capital Management Inc. grew its position in International Money Express by 22.7% during the 4th quarter. New South Capital Management Inc. now owns 1,132,107 shares of the company’s stock worth $23,582,000 after purchasing an additional 209,711 shares during the last quarter. ArrowMark Colorado Holdings LLC increased its stake in International Money Express by 17.2% during the 3rd quarter. ArrowMark Colorado Holdings LLC now owns 994,925 shares of the company’s stock valued at $18,396,000 after purchasing an additional 145,686 shares in the last quarter. Finally, Investment Management Associates Inc. ADV raised its holdings in shares of International Money Express by 1.9% in the fourth quarter. Investment Management Associates Inc. ADV now owns 899,232 shares of the company’s stock worth $18,731,000 after buying an additional 16,530 shares during the last quarter. 86.71% of the stock is owned by institutional investors and hedge funds.
International Money Express Stock Performance
NASDAQ IMXI opened at $13.07 on Tuesday. International Money Express, Inc. has a fifty-two week low of $12.82 and a fifty-two week high of $23.28. The company has a debt-to-equity ratio of 1.12, a quick ratio of 1.80 and a current ratio of 1.80. The firm has a market capitalization of $400.62 million, a P/E ratio of 7.30 and a beta of 0.87. The stock has a 50-day simple moving average of $17.86 and a two-hundred day simple moving average of $18.87.
Analyst Upgrades and Downgrades
Check Out Our Latest Stock Report on IMXI
International Money Express Profile
International Money Express, Inc, together with its subsidiaries, operates as an omnichannel money remittance services company in the United States, Latin America, Mexico, Central and South America, the Caribbean, Africa, and Asia. The company offers remittance services, which include a suite of ancillary financial processing solutions and payment services; and online payment options, pre-paid debit cards, and direct deposit payroll cards.
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