IDW Media (NYSE:IDW) Trading Down 3.6%

IDW Media Holdings, Inc. (NYSE:IDW)’s stock price traded down 3.6% during trading on Tuesday . The company traded as low as $0.53 and last traded at $0.53. 108 shares were traded during mid-day trading, a decline of 100% from the average session volume of 41,395 shares. The stock had previously closed at $0.55.

IDW Media Stock Performance

The firm has a 50 day moving average price of $0.55 and a two-hundred day moving average price of $0.59. The company has a market capitalization of $7.20 million, a P/E ratio of -1.51 and a beta of 0.51.

Hedge Funds Weigh In On IDW Media

Hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. acquired a new position in shares of IDW Media in the 1st quarter valued at approximately $73,000. Susquehanna International Group LLP acquired a new stake in shares of IDW Media in the 1st quarter valued at approximately $40,000. Finally, Morgan Stanley lifted its holdings in IDW Media by 114,100.0% during the 4th quarter. Morgan Stanley now owns 105,064 shares of the company’s stock valued at $99,000 after purchasing an additional 104,972 shares during the last quarter. Institutional investors and hedge funds own 14.04% of the company’s stock.

IDW Media Company Profile

IDW Media Holdings, Inc engages in the provision of digital media and print based solutions. The firm operates through the IDW Publishing and IDW Entertainment segments. The IDW Publishing segment is a comic book and graphic novel publisher that creates and licenses intellectual property. The IDW Entertainment segment leverages properties, principally those of IDW Publishing, into television series developing, producing and distributing original content worldwide.