Moving iMage Technologies (NYSEAMERICAN:MITQ) Trading Down 5.9% – What’s Next?

Shares of Moving iMage Technologies, Inc. (NYSEAMERICAN:MITQ) were down 5.9% during mid-day trading on Tuesday . The stock traded as low as $0.63 and last traded at $0.64. Approximately 5,769 shares traded hands during mid-day trading, a decline of 99% from the average daily volume of 423,869 shares. The stock had previously closed at $0.68.

Moving iMage Technologies Trading Down 5.9 %

The company has a market capitalization of $6.34 million, a price-to-earnings ratio of -4.92 and a beta of 0.35.

Moving iMage Technologies (NYSEAMERICAN:MITQ) last posted its earnings results on Friday, September 27th. The company reported ($0.04) EPS for the quarter. The business had revenue of $6.30 million during the quarter. Moving iMage Technologies had a negative net margin of 6.75% and a negative return on equity of 19.63%.

About Moving iMage Technologies

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.