Integrated Media Technology (NASDAQ:IMTE) Shares Down 9.2% – Here’s What Happened

Integrated Media Technology Limited (NASDAQ:IMTEGet Free Report)’s share price dropped 9.2% during trading on Monday . The company traded as low as $0.70 and last traded at $0.7442. Approximately 111,362 shares were traded during trading, a decline of 90% from the average daily volume of 1,071,526 shares. The stock had previously closed at $0.8196.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Integrated Media Technology in a research report on Saturday, September 27th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has a consensus rating of “Sell”.

View Our Latest Stock Analysis on Integrated Media Technology

Integrated Media Technology Price Performance

The business has a 50-day simple moving average of $0.99 and a 200-day simple moving average of $1.05.

About Integrated Media Technology

(Get Free Report)

Integrated Media Technology Limited engages in the manufacture and sale of laminated switchable glass, nano-coated plate for filters, air purifiers, and Internet of Things (IoT) products. It also engages in the sale of electronic glass; operation of Ouction, a non-fungible token trading marketplace; and provision of halal certification and distribution of halal products.

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