Beamr Imaging (NASDAQ:BMR) Trading Up 4.1% – Still a Buy?

Beamr Imaging Ltd. (NASDAQ:BMR)’s share price traded up 4.1% on Friday . The company traded as high as $2.04 and last traded at $2.03. 70,422 shares were traded during trading, a decline of 39% from the average session volume of 115,251 shares. The stock had previously closed at $1.95.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Beamr Imaging in a report on Monday, December 22nd. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Beamr Imaging has an average rating of “Sell”.

Beamr Imaging Stock Performance

The firm’s 50 day moving average is $2.07 and its 200 day moving average is $2.68.

Institutional Trading of Beamr Imaging

Several hedge funds and other institutional investors have recently made changes to their positions in BMR. Two Sigma Investments LP acquired a new stake in shares of Beamr Imaging in the 3rd quarter worth $33,000. Cubist Systematic Strategies LLC purchased a new stake in Beamr Imaging in the first quarter valued at about $84,000. Finally, Susquehanna International Group LLP boosted its holdings in Beamr Imaging by 15.2% in the third quarter. Susquehanna International Group LLP now owns 57,450 shares of the company’s stock worth $176,000 after acquiring an additional 7,600 shares in the last quarter. Hedge funds and other institutional investors own 0.71% of the company’s stock.

Beamr Imaging Company Profile

Beamr Imaging (NASDAQ: BMR) is a technology company specializing in perceptual image and video compression solutions. The company develops software encoders and cloud-based optimization tools that reduce file sizes while preserving visual quality. Its proprietary technology analyzes visual data in accordance with human perception, allowing media providers to deliver high-resolution content with lower bandwidth consumption.

Beamr’s product suite includes an image optimization SDK, a video encoder that supports multiple codecs, and an API for cloud integration.