Minim (NASDAQ:MINM) Trading Up 1.6% – Here’s Why

Minim, Inc. (NASDAQ:MINMGet Free Report)’s share price rose 1.6% during trading on Wednesday . The company traded as high as $0.50 and last traded at $0.50. Approximately 7,101 shares were traded during mid-day trading, a decline of 56% from the average daily volume of 16,152 shares. The stock had previously closed at $0.49.

Minim Stock Performance

The firm has a market capitalization of $1.47 million, a price-to-earnings ratio of -0.10 and a beta of 3.09. The company has a 50 day moving average price of $0.48 and a two-hundred day moving average price of $0.82.

Minim Company Profile

(Get Free Report)

Minim, Inc, together with its subsidiaries, delivers intelligent networking products that connects homes and offices in North America and internationally. It offers hardware products, including cable modems, cable modem/routers, gateways, mobile broadband modems, wireless routers, routers, multimedia over coax adapters, mesh home networking devices, mesh systems, and other local area network products.

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