Moving iMage Technologies Inc (AMEX:MITQ) does about 1.55M shares in volume on a normal day but saw 586858 shares change hands in the recent trading day. The company now has a market cap of 7.40M USD. Its current market price is $0.75, marking an increase of 19.65% compared to the previous close of $0.62. The 52 week high reached by this stock is $1.55 whilst the lowest price level in 52 weeks is $0.42.
Moving iMage Technologies Inc (MITQ) has a 20-day trading average at $0.5563 and the current price is -51.75% off the 52-week high compared with 78.01% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.6393 and its 200-day simple moving average is $0.6305. If we look at the stock’s price movements over the week, volatility stands at 19.65%, which decreases to 9.16% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 70.44 to suggest the stock is overbought.
The current price level is 34.44%, 16.98%, and 18.60% away from its SMA20, SMA50, and SMA200 respectively, with the MITQ price moving below the 50-day SMA on current market day. Moving iMage Technologies Inc (MITQ) stock is up 35.96% over the week and 38.48% over the past month. Its price is 15.05% year-to-date and 57.10% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.
Outstanding shares total 9.90M with insiders holding 35.48% of the shares and institutional holders owning 1.94% of the company’s common stock. The company has a return on investment of -25.18% and return on equity of -25.45%. The beta has a value of 0.31. Price to book ratio is 1.42 and price to sales ratio is 0.39.
