Moving Image Technologies Stock Today

MITQ Stock  USD 0.53  0.02  3.92%   

Performance

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Odds Of Distress

Less than 22

 
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Moving IMage is selling at 0.53 as of the 30th of April 2024; that is 3.92% increase since the beginning of the trading day. The stock's last reported lowest price was 0.49. Moving IMage has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Moving iMage Technologies are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 31st of March 2024 and ending today, the 30th of April 2024. Click here to learn more.
Business Domain
Technology Hardware & Equipment
IPO Date
8th of July 2021
Category
Technology
Classification
Information Technology
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. Moving iMage Technologies, Inc. The company has 10.48 M outstanding shares of which 41.19 K shares are now shorted by private and institutional investors with about 1.12 trading days to cover. More on Moving iMage Technologies

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Moving Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Moving IMage's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Moving IMage or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO PresidentPhilip Rafnson
Business ConcentrationElectronic Equipment, Instruments & Components, Technology Hardware & Equipment, Information Technology, Information Technology, Electronic Equipment, Instruments & Components, Communication Equipment, Technology (View all Sectors)
Average Analyst Recommendation
Analysts covering Moving IMage report their recommendations after researching Moving IMage's financial statements, talking to executives and customers, or listening in on Moving IMage's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Moving iMage Technologies. The Moving consensus assessment is calculated by taking the average forecast from all of the analysts covering Moving IMage.
Financial Strength
Based on the measurements of operating efficiency obtained from Moving IMage's historical financial statements, Moving iMage Technologies is not in a good financial situation at this time. It has a very high probability of going through financial hardship in May. Financial strength of Moving iMage Technologies is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover2.921.74
Way Up
Slightly volatile
Gross Profit Margin0.20.24
Fairly Down
Slightly volatile
Total Current Liabilities5.7 M6.4 M
Fairly Down
Slightly volatile
Total Assets9.1 M15.3 M
Way Down
Slightly volatile
Total Current Assets7.5 M14.2 M
Way Down
Slightly volatile
Moving IMage's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Moving IMage's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Moving IMage's financial leverage. It provides some insight into what part of Moving IMage's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Moving IMage's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Moving IMage deploys its capital and how much of that capital is borrowed.
Liquidity
Moving IMage cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 431 K in liabilities with Debt to Equity (D/E) ratio of 0.07, which may suggest the company is not taking enough advantage from borrowing. Moving iMage Technologies has a current ratio of 2.42, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Moving IMage until it has trouble settling it off, either with new capital or with free cash flow. So, Moving IMage's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Moving iMage Technologies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Moving to invest in growth at high rates of return. When we think about Moving IMage's use of debt, we should always consider it together with cash and equity.

Change To Account Receivables

1.05 Million
Moving iMage Technologies (MITQ) is traded on NYSE MKT Exchange in USA. It is located in 17760 Newhope Street, Fountain Valley, CA, United States, 92708 and employs 32 people. Moving IMage is listed under Electronic Equipment, Instruments & Components category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 5.6 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Moving IMage's market, we take the total number of its shares issued and multiply it by Moving IMage's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Moving iMage Technologies conducts business under Electronic Equipment, Instruments & Components sector and is part of Information Technology industry. The entity has 10.48 M outstanding shares of which 41.19 K shares are now shorted by private and institutional investors with about 1.12 trading days to cover. Moving iMage Technologies currently holds about 6.7 M in cash with 269 K of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.61, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Moving IMage Probability Of Bankruptcy
Ownership Allocation
Moving iMage Technologies holds a total of 10.48 Million outstanding shares. Moving iMage Technologies holds significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Moving Ownership Details

Moving Stock Price Odds Analysis

In regard to a normal probability distribution, the odds of Moving IMage jumping above the current price in 90 days from now is about 82.03%. The Moving iMage Technologies probability density function shows the probability of Moving IMage stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Moving iMage Technologies has a beta of -0.5744. This indicates as returns on the benchmark increase, returns on holding Moving IMage are expected to decrease at a much lower rate. During a bear market, however, Moving iMage Technologies is likely to outperform the market. Additionally, moving iMage Technologies has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
  Odds Below 0.53HorizonTargetOdds Above 0.53
17.90%90 days
 0.53 
82.03%
Based on a normal probability distribution, the odds of Moving IMage to move above the current price in 90 days from now is about 82.03 (This Moving iMage Technologies probability density function shows the probability of Moving Stock to fall within a particular range of prices over 90 days) .

Moving IMage Historical Income Statement

Moving iMage Technologies Income Statement is one of the three primary financial statements used for reporting Moving's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Moving iMage Technologies revenue and expense. Moving IMage Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Moving IMage's Net Interest Income is relatively stable compared to the past year. As of 04/30/2024, Interest Income is likely to grow to about 167.8 K, though Net Loss is likely to grow to (1.5 M). View More Fundamentals

Moving Stock Against Markets

Picking the right benchmark for Moving IMage stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Moving IMage stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Moving IMage is critical whether you are bullish or bearish towards Moving iMage Technologies at a given time. Please also check how Moving IMage's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Moving IMage without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Moving IMage Corporate Management

Elected by the shareholders, the Moving IMage's board of directors comprises two types of representatives: Moving IMage inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Moving. The board's role is to monitor Moving IMage's management team and ensure that shareholders' interests are well served. Moving IMage's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Moving IMage's outside directors are responsible for providing unbiased perspectives on the board's policies.
Thomas LipiecSenior ServiceProfile
Jerry RydtSenior SalesProfile
William GreeneChief OfficerProfile
Michael CPAChief OfficerProfile
David RichardsSenior EngineeringProfile

How to buy Moving Stock?

Before investing in Moving IMage, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Moving IMage. To buy Moving IMage stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Moving IMage. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Moving IMage stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Moving iMage Technologies stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Moving iMage Technologies stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Moving iMage Technologies, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Moving Stock please use our How to Invest in Moving IMage guide.

Already Invested in Moving iMage Technologies?

The danger of trading Moving iMage Technologies is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Moving IMage is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Moving IMage. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Moving iMage Technologies is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Moving iMage Technologies is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Moving Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Moving Image Technologies Stock. Highlighted below are key reports to facilitate an investment decision about Moving Image Technologies Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Moving iMage Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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When running Moving IMage's price analysis, check to measure Moving IMage's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Moving IMage is operating at the current time. Most of Moving IMage's value examination focuses on studying past and present price action to predict the probability of Moving IMage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Moving IMage's price. Additionally, you may evaluate how the addition of Moving IMage to your portfolios can decrease your overall portfolio volatility.
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Is Moving IMage's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Moving IMage. If investors know Moving will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Moving IMage listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.19)
Revenue Per Share
1.8
Quarterly Revenue Growth
(0.33)
Return On Assets
(0.06)
Return On Equity
(0.25)
The market value of Moving iMage Technologies is measured differently than its book value, which is the value of Moving that is recorded on the company's balance sheet. Investors also form their own opinion of Moving IMage's value that differs from its market value or its book value, called intrinsic value, which is Moving IMage's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Moving IMage's market value can be influenced by many factors that don't directly affect Moving IMage's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Moving IMage's value and its price as these two are different measures arrived at by different means. Investors typically determine if Moving IMage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Moving IMage's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.