After Falling -4.88% During The Past Week, Should You Still Buy Moving iMage Technologies Inc (AMEX: MITQ)?

Moving iMage Technologies Inc (AMEX:MITQ)’s traded shares stood at 83.15 million during the last session, with the company’s beta value hitting 0.33. At the close of trading, the stock’s price was $0.74, to imply an increase of 3.04% or $0.02 in intraday trading. The MITQ share’s 52-week high remains $1.44, putting it -94.59% down since that peak but still an impressive 43.24% since price per share fell to its 52-week low of $0.42. The company has a valuation of $7.35M, with an average of 0.17 million shares in intraday trading volume over the past 10 days and average of 60.94K shares over the past 3 months.

Moving iMage Technologies Inc (AMEX:MITQ) trade information

After registering a 3.04% upside in the last session, Moving iMage Technologies Inc (MITQ) has traded red over the past five days. The 5-day price performance for the stock is -4.88%, and 11.24% over 30 days. With these gigs, the year-to-date price performance is 14.15%. Short interest in Moving iMage Technologies Inc (AMEX:MITQ) saw shorts transact 49429.0 shares and set a 0.64 days time to cover.

MITQ Dividends

Moving iMage Technologies Inc has its next earnings report out in February. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

Moving iMage Technologies Inc (AMEX:MITQ)’s Major holders

Moving iMage Technologies Inc insiders hold 35.42% of total outstanding shares, with institutional holders owning 2.33% of the shares at 3.61% float percentage. In total, 2.33% institutions holds shares in the company, led by GEODE CAPITAL MANAGEMENT, LLC. As of 2024-06-30, the company held over 50488.0 shares (or 0.4838% of shares), all amounting to roughly $31422.0.

The next major institution holding the largest number of shares is RENAISSANCE TECHNOLOGIES LLC with 35400.0 shares, or about 0.3392% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $22033.0.

We also have Fidelity Extended Market Index Fund and Bridgeway Funds Inc-Ultra Small Company Market Fund as the top two Mutual Funds with the largest holdings of the Moving iMage Technologies Inc (MITQ) shares. Going by data provided on Nov 30, 2024 , Fidelity Extended Market Index Fund holds roughly 41.05 shares. This is just over 0.41% of the total shares, with a market valuation of $30458.0. Data from the same date shows that the other fund manager holds a little less at 20.3, or 0.21% of the shares, all valued at about 15062.0.