Beamr Imaging (NASDAQ:BMR) Trading 4.1% Higher – Still a Buy?

Beamr Imaging Ltd. (NASDAQ:BMR)’s share price was up 4.1% during trading on Friday . The stock traded as high as $2.04 and last traded at $2.03. Approximately 70,422 shares traded hands during trading, a decline of 39% from the average daily volume of 115,251 shares. The stock had previously closed at $1.95.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Beamr Imaging in a research report on Monday, December 22nd. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has an average rating of “Sell”.

Beamr Imaging Stock Performance

The company’s fifty day moving average is $2.07 and its 200-day moving average is $2.69.

Institutional Investors Weigh In On Beamr Imaging

Several hedge funds and other institutional investors have recently made changes to their positions in BMR. Cubist Systematic Strategies LLC acquired a new position in shares of Beamr Imaging during the 1st quarter worth about $84,000. Two Sigma Investments LP acquired a new stake in Beamr Imaging in the 3rd quarter valued at approximately $33,000. Finally, Susquehanna International Group LLP grew its holdings in Beamr Imaging by 15.2% in the 3rd quarter. Susquehanna International Group LLP now owns 57,450 shares of the company’s stock valued at $176,000 after buying an additional 7,600 shares during the last quarter. 0.71% of the stock is owned by institutional investors and hedge funds.

About Beamr Imaging

Beamr Imaging (NASDAQ: BMR) is a technology company specializing in perceptual image and video compression solutions. The company develops software encoders and cloud-based optimization tools that reduce file sizes while preserving visual quality. Its proprietary technology analyzes visual data in accordance with human perception, allowing media providers to deliver high-resolution content with lower bandwidth consumption.

Beamr’s product suite includes an image optimization SDK, a video encoder that supports multiple codecs, and an API for cloud integration.