StockNews.com started coverage on shares of Ballantyne Strong (NYSE:BTN – Get Rating) in a research report issued on Friday. The firm set a “hold” rating on the stock.
Ballantyne Strong stock opened at $2.93 on Friday. Ballantyne Strong has a 1 year low of $2.59 and a 1 year high of $5.47. The firm has a 50 day moving average of $3.03. The stock has a market capitalization of $56.41 million, a P/E ratio of 2.84 and a beta of 1.17.
Ballantyne Strong (NYSE:BTN – Get Rating) last released its quarterly earnings data on Thursday, March 24th. The company reported ($0.03) earnings per share (EPS) for the quarter. Ballantyne Strong had a return on equity of 6.94% and a net margin of 66.36%. The business had revenue of $10.05 million for the quarter.
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.
Further Reading
- Get a free copy of the StockNews.com research report on Ballantyne Strong (BTN)
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