Moving iMage Technologies (NYSEAMERICAN:MITQ) Stock Price Up 1.6% – Still a Buy?

Moving iMage Technologies, Inc. (NYSEAMERICAN:MITQ) shares were up 1.6% during mid-day trading on Wednesday . The company traded as high as $0.67 and last traded at $0.66. Approximately 4,999 shares traded hands during mid-day trading, a decline of 99% from the average daily volume of 373,209 shares. The stock had previously closed at $0.65.

Moving iMage Technologies Price Performance

Moving iMage Technologies (NYSEAMERICAN:MITQ) last posted its quarterly earnings results on Friday, September 27th. The company reported ($0.04) earnings per share (EPS) for the quarter. Moving iMage Technologies had a negative return on equity of 28.78% and a negative net margin of 9.73%. The business had revenue of $6.30 million during the quarter.

Moving iMage Technologies Company Profile

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.