Moving iMage Technologies Inc [AMEX: MITQ] stock went on an upward path that rose over 190706496% on Friday, amounting to a one-week price increase of more than 54.49%.
Over the last 12 months, MITQ stock rose by 30.77%.
The market cap for the stock reached $8.44 million, with 9.93 million shares outstanding and 6.49 million shares in the current float. Compared to the average trading volume of 3.17M shares, MITQ stock reached a trading volume of 190706496 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Moving iMage Technologies Inc [MITQ]:
The Price to Book ratio for the last quarter was 1.69, with the Price to Cash per share for the same quarter was set at 0.54.
MITQ Stock Performance Analysis:
Moving iMage Technologies Inc [MITQ] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 54.49. With this latest performance, MITQ shares gained by 37.76% in over the last four-week period, additionally plugging by 18.07% over the last 6 months – not to mention a rise of 30.77% in the past year of trading.
Insight into Moving iMage Technologies Inc Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Moving iMage Technologies Inc [MITQ] shares currently have an operating margin of -7.31% and a Gross Margin at 25.40%. Moving iMage Technologies Inc’s Net Margin is presently recorded at -6.49%.
Return on Equity for this stock declined to -10.13%, with Return on Assets sitting at -10.13%.
Moving iMage Technologies Inc [MITQ] Institutonal Ownership Details
There are presently around $2.28%, or 3.52%% of MITQ stock, in the hands of institutional investors. The top three institutional holders of MITQ stocks are: GEODE CAPITAL MANAGEMENT, LLC with ownership of 50488.0 shares, which is approximately 0.4838%. RENAISSANCE TECHNOLOGIES LLC, holding 35400.0 shares of the stock with an approximate value of $$22033.0 in MITQ stocks shares; and RENAISSANCE TECHNOLOGIES LLC, currently with $$18825.0 in MITQ stock with ownership which is approximately 0.29%.
