Initiates Coverage on Ballantyne Strong (NYSE:BTN) started coverage on shares of Ballantyne Strong (NYSE:BTNGet Rating) in a research report issued on Tuesday. The brokerage set a “hold” rating on the stock.

Ballantyne Strong stock opened at $3.03 on Tuesday. The company’s 50 day moving average is $2.99. Ballantyne Strong has a fifty-two week low of $2.59 and a fifty-two week high of $5.47. The company has a market capitalization of $58.33 million, a P/E ratio of 2.94 and a beta of 1.25.

Ballantyne Strong Company Profile (Get Rating)

Ballantyne Strong, Inc operates in the entertainment industry worldwide. The company manufactures and distributes projection screens and customized screen support systems directly, as well as through third-party distributors and integrators. It also distributes other products and provides technical support services to the cinema exhibition industry, theme parks, schools, museums, and other entertainment-related markets.

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