IMAX China (OTCMKTS:IMXCF) Stock Price Down 2% – Time to Sell?

by · The Cerbat Gem

IMAX China Holding, Inc. (OTCMKTS:IMXCF – Get Free Report) dropped 2% during mid-day trading on Tuesday . The stock traded as low as $0.98 and last traded at $0.98. Approximately 2,615 shares were traded during trading, a decline of 30% from the average daily volume of 3,756 shares. The stock had previously closed at $1.00.

IMAX China Trading Down 2.0%

The firm’s fifty day moving average price is $1.01 and its two-hundred day moving average price is $1.07.

About IMAX China

(Get Free Report)

IMAX China Holding, Inc is a leading operator and licensor of premium large-format film and audio systems in Greater China, including mainland China, Hong Kong and Macau. The company designs, installs and maintains IMAX® theatre systems, combining proprietary digital projection, 70mm film capabilities and immersive multi-channel audio to deliver a high-definition, large-screen movie experience. Its core activities encompass equipment sales, technical support and system upgrades, as well as box office ticketing and concession partnerships with exhibition venues.

In addition to theatre operations, IMAX China partners with studios, distributors and filmmakers to facilitate the distribution and promotion of IMAX-branded content in its markets.

Read More