Moving iMage Technologies (NYSEAMERICAN:MITQ) Trading Down 6.4% – Time to Sell?

Moving iMage Technologies, Inc. (NYSEAMERICAN:MITQGet Free Report)’s share price dropped 6.4% during trading on Friday . The stock traded as low as $0.54 and last traded at $0.54. Approximately 23,370 shares changed hands during mid-day trading, a decline of 97% from the average daily volume of 720,457 shares. The stock had previously closed at $0.57.

Moving iMage Technologies Trading Down 6.4 %

The stock has a market cap of $5.30 million, a P/E ratio of -3.57 and a beta of 0.37. The firm has a 50-day moving average of $0.68.

About Moving iMage Technologies

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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.

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