IDW Media (NYSE:IDW) Trading Down 14.6% – Here’s Why

Shares of IDW Media Holdings, Inc. (NYSE:IDWGet Free Report) were down 14.6% during trading on Monday . The company traded as low as $0.35 and last traded at $0.35. Approximately 19,599 shares changed hands during trading, a decline of 53% from the average daily volume of 41,395 shares. The stock had previously closed at $0.41.

IDW Media Price Performance

The company has a market capitalization of $4.75 million, a price-to-earnings ratio of -1.00 and a beta of 0.51. The firm’s 50-day simple moving average is $0.38 and its two-hundred day simple moving average is $0.36.

About IDW Media

(Get Free Report)

IDW Media Holdings, Inc engages in the provision of digital media and print based solutions. The firm operates through the IDW Publishing and IDW Entertainment segments. The IDW Publishing segment is a comic book and graphic novel publisher that creates and licenses intellectual property. The IDW Entertainment segment leverages properties, principally those of IDW Publishing, into television series developing, producing and distributing original content worldwide.

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