Imation (OTCMKTS:GLAE) Trading Up 20% – What’s Next?

Imation Corporation (OTCMKTS:GLAEGet Free Report) shares were up 20% during mid-day trading on Monday . The company traded as high as $30.00 and last traded at $30.00. Approximately 51 shares traded hands during trading, The stock had previously closed at $25.00.

Imation Stock Performance

The stock’s fifty day simple moving average is $30.00 and its 200-day simple moving average is $27.64.

About Imation

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GlassBridge Enterprises, Inc, through its subsidiaries, owns and operates an asset management business in the United States. It offers investment advisory services to third party investors through managed funds separate managed accounts. The company was formerly known as Imation Corp. and changed its name to GlassBridge Enterprises, Inc in February 2017.

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