Moving iMage Technologies (NYSEAMERICAN:MITQ) Stock Price Down 0.1% – Here’s Why

Moving iMage Technologies, Inc. (NYSEAMERICAN:MITQ)’s share price was down 0.1% on Tuesday. The company traded as low as $0.4940 and last traded at $0.4966. 6,857 shares were traded during mid-day trading, a decline of 82% from the average daily volume of 37,635 shares. The stock had previously closed at $0.4970.

Moving iMage Technologies Stock Up 0.2%

The business’s 50 day simple moving average is $0.57 and its two-hundred day simple moving average is $0.59. The stock has a market cap of $4.98 million, a P/E ratio of -16.70 and a beta of 0.76.

Moving iMage Technologies (NYSEAMERICAN:MITQ) last announced its quarterly earnings results on Monday, September 28th. The company reported ($0.03) EPS for the quarter. Moving iMage Technologies had a negative net margin of 1.72% and a negative return on equity of 5.98%. The firm had revenue of $4.55 million during the quarter.

Moving iMage Technologies Company Profile

Moving iMage Technologies, Inc. (NYSE American: MITQ) provides technology, equipment and services for cinemas and other entertainment venues. The company helps customers design, build, upgrade and operate auditoriums through a combination of products, systems integration and technical support. Its offerings include digital cinema projection and audio systems, screens, media servers, cinema management and automation solutions, seating, concession equipment and related theater infrastructure. Moving iMage Technologies also provides installation, engineering, maintenance and other professional services, including customized solutions for new construction and auditorium renovations.