Moving iMage Technologies (NYSEAMERICAN:MITQ) Stock Price Down 6.4% – Time to Sell?

Shares of Moving iMage Technologies, Inc. (NYSEAMERICAN:MITQGet Free Report) were down 6.4% during mid-day trading on Friday . The company traded as low as $0.54 and last traded at $0.54. Approximately 23,370 shares changed hands during mid-day trading, a decline of 97% from the average daily volume of 720,457 shares. The stock had previously closed at $0.57.

Moving iMage Technologies Trading Down 6.4 %

The firm has a market cap of $5.30 million, a P/E ratio of -3.57 and a beta of 0.37. The company has a 50-day simple moving average of $0.68.

Moving iMage Technologies Company Profile

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Moving iMage Technologies, Inc designs, manufactures, integrates, installs, and distributes proprietary and custom designed equipment, and other off the shelf cinema products for cinema requirements in the United States and internationally. The company provides automation, pedestal, projection pod, and power management systems; and in-house designed and assembled lighting products and dimmers, as well as distributes digital cinema projectors and servers.

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