Beamr Imaging (NASDAQ:BMR) Shares Down 1.6% – What’s Next?

Shares of Beamr Imaging Ltd. (NASDAQ:BMR – Get Free Report) fell 1.6% during trading on Friday. The stock traded as low as $1.25 and last traded at $1.26. 36,765 shares changed hands during trading, a decline of 22% from the average session volume of 46,956 shares. The stock had previously closed at $1.28.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Beamr Imaging in a report on Thursday, August 13th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, Beamr Imaging currently has an average rating of “Sell”.

Check Out Our Latest Stock Analysis on Beamr Imaging

Beamr Imaging Trading Down 1.6%

The firm’s fifty day moving average is $1.28 and its 200 day moving average is $1.51.

Beamr Imaging (NASDAQ:BMR – Get Free Report) last announced its quarterly earnings data on Tuesday, August 11th. The company reported ($0.14) earnings per share (EPS) for the quarter. The business had revenue of $0.44 million for the quarter.

Insider Activity

In other Beamr Imaging news, CEO Sharon Carmel acquired 82,650 shares of the company’s stock in a transaction that occurred on Wednesday, July 22nd. The stock was bought at an average price of $1.28 per share, for a total transaction of $105,792.00. Following the acquisition, the chief executive officer directly owned 3,650,840 shares in the company, valued at $4,673,075.20. The trade was a 2.32% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 1.70% of the company’s stock.

Beamr Imaging Company Profile

(Get Free Report)

Beamr Imaging Ltd. develops video compression and processing software designed to help businesses deliver high-quality digital video more efficiently. Its technology is intended to reduce the storage and bandwidth required for video while maintaining image quality, supporting applications across streaming media, cloud computing, content delivery and other digital-video workflows.

The company offers software development kits and related solutions for video encoding, decoding, transcoding and optimization.

Further Reading

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