Imagination Park Entertainment (CNSX:IP) Shares Up 9,792.4% – Should You Buy?

Imagination Park Entertainment Inc (CNSX:IP) shares traded up 9,792.4% during trading on Thursday . The company traded as high as $0.4250 and last traded at $39.0750. 7,492,998 shares changed 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 Stock Performance

The business’s 50 day moving average price is $40.16 and its 200-day moving average price is $44.16.

Imagination Park Entertainment Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 17th. Shareholders of record on Monday, February 23rd will be issued a $0.4625 dividend. The ex-dividend date of this dividend is Monday, February 23rd. This represents a $1.85 annualized dividend and a dividend yield of 4.7%.

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.