Beamr Imaging (NASDAQ:BMR) Stock Price Down 13.6% – Should You Sell?

Beamr Imaging Ltd. (NASDAQ:BMR) shares were down 13.6% during mid-day trading on Thursday . The company traded as low as $1.0610 and last traded at $1.21. Approximately 313,855 shares changed hands during trading, an increase of 452% from the average session volume of 56,909 shares. The stock had previously closed at $1.40.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Beamr Imaging in a research report on Monday, May 18th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has an average rating of “Sell”.

Beamr Imaging Stock Performance

The business has a 50 day moving average of $1.66 and a 200 day moving average of $1.72.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Cubist Systematic Strategies LLC acquired a new stake in shares of Beamr Imaging during the 1st quarter worth about $84,000. Two Sigma Investments LP purchased a new stake in shares of Beamr Imaging during the third quarter worth about $33,000. Susquehanna International Group LLP raised its position in shares of Beamr Imaging by 15.2% in the third quarter. Susquehanna International Group LLP now owns 57,450 shares of the company’s stock valued at $176,000 after buying an additional 7,600 shares during the last quarter. Finally, Renaissance Technologies LLC raised its position in shares of Beamr Imaging by 56.2% in the fourth quarter. Renaissance Technologies LLC now owns 41,700 shares of the company’s stock valued at $65,000 after buying an additional 15,000 shares during the last quarter. 0.71% of the stock is currently owned by hedge funds and other institutional investors.

Beamr Imaging Company Profile

Beamr Imaging (NASDAQ: BMR) is a technology company specializing in perceptual image and video compression solutions. The company develops software encoders and cloud-based optimization tools that reduce file sizes while preserving visual quality. Its proprietary technology analyzes visual data in accordance with human perception, allowing media providers to deliver high-resolution content with lower bandwidth consumption.

Beamr’s product suite includes an image optimization SDK, a video encoder that supports multiple codecs, and an API for cloud integration.