The 36-month beta value for MITQ is also noteworthy at 0.33.
The public float for MITQ is 6.47M, and at present, short sellers hold a 0.88% of that float. The average trading volume of MITQ on January 15, 2025 was 60.94K shares.
MITQ) stock’s latest price update
The stock price of Moving iMage Technologies Inc (AMEX: MITQ) has jumped by 24.26 compared to previous close of 0.72. Despite this, the company has seen a gain of 14.70% in its stock price over the last five trading days. zacks.com reported 2024-11-18 that MITQ posts Q1 breakeven earnings with a 20.8% revenue decline, impacted by post-COVID recovery challenges and softer demand, while maintaining R&D investments to drive future growth.
MITQ’s Market Performance
MITQ’s stock has risen by 14.70% in the past week, with a monthly rise of 34.15% and a quarterly rise of 77.54%. The volatility ratio for the week is 12.58% while the volatility levels for the last 30 days are 10.63% for Moving iMage Technologies Inc The simple moving average for the last 20 days is 26.69% for MITQ’s stock, with a simple moving average of 48.12% for the last 200 days.
MITQ Trading at 34.94% from the 50-Day Moving Average
After a stumble in the market that brought MITQ to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -37.86% of loss for the given period.
Volatility was left at 10.63%, however, over the last 30 days, the volatility rate increased by 12.58%, as shares surge +37.12% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +61.60% upper at present.
During the last 5 trading sessions, MITQ rose by +29.47%, which changed the moving average for the period of 200-days by +112.18% in comparison to the 20-day moving average, which settled at $0.7121. In addition, Moving iMage Technologies Inc saw 37.66% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for MITQ
Current profitability levels for the company are sitting at:
- -0.11 for the present operating margin
- 0.22 for the gross margin
The net margin for Moving iMage Technologies Inc stands at -0.1. The total capital return value is set at -0.3. Equity return is now at value -26.78, with -14.67 for asset returns.
Based on Moving iMage Technologies Inc (MITQ), the company’s capital structure generated 0.16 points at debt to capital in total, while cash flow to debt ratio is standing at -0.57.
Currently, EBITDA for the company is -1.22 million with net debt to EBITDA at 2.37. When we switch over and look at the enterprise to sales, we see a ratio of 0.22. The receivables turnover for the company is 18.26for trailing twelve months and the total asset turnover is 1.75. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.24.
Conclusion
In summary, Moving iMage Technologies Inc (MITQ) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
