IMAX China (OTCMKTS:IMXCF) Stock Price Down 12.3% – Here’s Why

Shares of IMAX China Holding, Inc. (OTCMKTS:IMXCFGet Free Report) traded down 12.3% during mid-day trading on Monday . The company traded as low as $1.14 and last traded at $1.14. 500 shares were traded during mid-day trading, a decline of 83% from the average session volume of 3,018 shares. The stock had previously closed at $1.30.

IMAX China Stock Performance

The firm has a 50 day simple moving average of $1.15 and a two-hundred day simple moving average of $1.04.

About IMAX China

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IMAX China Holding, Inc, an investment holding company, provides digital and film-based motion picture technologies in the People’s Republic of China, Hong Kong, Macau, and Taiwan. It operates through two segments, Content Solutions, and Technology Products and Services. The company engages in the digital re-mastering of Hollywood, Chinese language, and other films for the IMAX theatre network in Greater China.

Further Reading

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