Moving iMage Technologies (NYSEAMERICAN:MITQ) Trading Up 10.8% – What’s Next?

Shares of Moving iMage Technologies, Inc. (NYSEAMERICAN:MITQ) rose 10.8% during trading on Monday . The stock traded as high as $0.7474 and last traded at $0.75. Approximately 32,027 shares changed hands during mid-day trading, a decline of 2% from the average daily volume of 32,607 shares. The stock had previously closed at $0.6772.

Moving iMage Technologies Price Performance

The stock has a market capitalization of $7.46 million, a P/E ratio of -18.75 and a beta of 0.52. The company’s 50 day simple moving average is $0.72 and its two-hundred day simple moving average is $0.81.

Moving iMage Technologies (NYSEAMERICAN:MITQ) last announced its quarterly earnings data on Friday, November 14th. The company reported $0.05 EPS for the quarter. The firm had revenue of $5.58 million for the quarter. Moving iMage Technologies had a negative return on equity of 8.11% and a negative net margin of 2.24%.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Moving iMage Technologies stock. Citadel Advisors LLC bought a new stake in Moving iMage Technologies, Inc. (NYSEAMERICAN:MITQ) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 35,570 shares of the company’s stock, valued at approximately $33,000. Citadel Advisors LLC owned approximately 0.36% of Moving iMage Technologies at the end of the most recent quarter. Institutional investors and hedge funds own 2.23% of the company’s stock.

About Moving iMage Technologies

Moving iMage Technologies, Inc, trading on the NYSE American under the symbol MITQ, designs, manufactures and integrates digital signage solutions for a wide range of industries. The company’s core offerings encompass both hardware and software platforms that support high-definition displays, interactive kiosks and touchscreen environments. Moving iMage’s systems are engineered to deliver dynamic content, remote monitoring and scalable network deployment to meet evolving customer needs.

Its product lineup includes commercial-grade LCD and LED displays, media players, digital signage enclosures and interactive touchscreen modules.