ARHT Media (CVE:ART) Sets New 52-Week Low at $0.04

ARHT Media Inc. (CVE:ART) hit a new 52-week low on Monday . The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 117501 shares changing hands. The stock had previously closed at C$0.04.

Analyst Ratings Changes

Separately, Cormark dropped their price target on ARHT Media from C$0.20 to C$0.13 in a research report on Wednesday, May 8th.

ARHT Media Stock Performance

The stock’s 50-day moving average price is C$0.06 and its 200-day moving average price is C$0.05. The company has a current ratio of 0.36, a quick ratio of 3.06 and a debt-to-equity ratio of 401.18. The company has a market capitalization of C$6.90 million, a P/E ratio of -0.80 and a beta of 0.48.

ARHT Media (CVE:ART) last issued its earnings results on Thursday, May 30th. The company reported C($0.01) earnings per share (EPS) for the quarter. The business had revenue of C$1.58 million during the quarter. ARHT Media had a negative return on equity of 1,395.47% and a negative net margin of 189.82%.

About ARHT Media

ARHT Media Inc, together with its subsidiaries, engages in the live and prerecorded holograms with a network of capture and display locations worldwide. Its products include Capsule, a consumer-facing holographic display that is plug-and-play for events in all lighting conditions and can be permanently installed for retail and other consumer or user-facing applications; ARHT Engine, a proprietary technology utilizes a combination of advanced hardware and software, including 3D cameras, motion capture technology, and real-time rendering software to create its holographic displays; and Virtual Global Stage, which allows multiple presenters to interact with one another on the same stage with no latency, appearing much like they would if they were physically next to one another, as well as capture studio, ARHT Hologram Screen, and HoloPod Display.