Moving iMage Technologies (NYSEAMERICAN:MITQ) Shares Up 10.8% – Still a Buy?

Shares of Moving iMage Technologies, Inc. (NYSEAMERICAN:MITQ) shot up 10.8% during trading on Monday . The company traded as high as $0.7474 and last traded at $0.75. 32,027 shares were traded during trading, a decline of 2% from the average session volume of 32,607 shares. The stock had previously closed at $0.6772.

Moving iMage Technologies Trading Up 10.8%

The company’s 50 day moving average price is $0.72 and its two-hundred day moving average price is $0.81. The firm has a market cap of $7.46 million, a PE ratio of -18.75 and a beta of 0.52.

Moving iMage Technologies (NYSEAMERICAN:MITQ) last announced its earnings results on Friday, November 14th. The company reported $0.05 EPS for the quarter. The company had revenue of $5.58 million for the quarter. Moving iMage Technologies had a negative return on equity of 8.11% and a negative net margin of 2.24%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Moving iMage Technologies stock. Citadel Advisors LLC bought a new position in Moving iMage Technologies, Inc. (NYSEAMERICAN:MITQ) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 35,570 shares of the company’s stock, valued at approximately $33,000. Citadel Advisors LLC owned approximately 0.36% of Moving iMage Technologies at the end of the most recent quarter. 2.23% of the stock is currently owned by institutional investors.

Moving iMage Technologies Company Profile

Moving iMage Technologies, Inc, trading on the NYSE American under the symbol MITQ, designs, manufactures and integrates digital signage solutions for a wide range of industries. The company’s core offerings encompass both hardware and software platforms that support high-definition displays, interactive kiosks and touchscreen environments. Moving iMage’s systems are engineered to deliver dynamic content, remote monitoring and scalable network deployment to meet evolving customer needs.

Its product lineup includes commercial-grade LCD and LED displays, media players, digital signage enclosures and interactive touchscreen modules.