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Moving iMage Technologies, Inc. (MITQ) stock declined over -381.13%, trading at $0.53 on AMEX, down from the previous close of $0.55. The stock opened at $0.57, fluctuating between $0.53 and $0.57 in the recent session.
Moving iMage Technologies, Inc., a digital cinema company, 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. Its products and services focus on the integration needs associated with the building, modernization, and equipping of motion picture exhibition theatres. The company provides automation systems for digital cinema applications; proprietary rack mount pedestals; in-house designed and assembled suite of products to support boothless theatre designs and alternative auditorium configurations; and in-house designed and assembled lighting products and dimmers, as well as distributes digital cinema projectors and servers. It also offers premium sound systems and enclosures; demand controlled ventilation systems that automatically shuts down projector exhaust fans; and reclining seats and armrests, concession tables and trays, tablet arms, cup holders, and step and aisle lighting products for theaters and other public venues. In addition, the company provides software solutions, such as CineQC, a cinema presence management and remote-control system. Further, it offers custom engineering, systems design, integration and installation, and digital technology services, as well as software solutions for 3D, digital cinema, and audio visual integration; project management and systems design services for theatre upgrades and new theatre builds; furniture, fixture, and equipment services to commercial cinema exhibitors for new construction and remodels; and cinema equipment installations and after-sale maintenance services. The company was founded in 2003 and is based in Fountain Valley, California.
Employees | 32 |
Beta | 0.4 |
Sales or Revenue | $20.14M |
5Y Sales Change% | -0.586% |
Fiscal Year Ends | June |
Sector | Technology |
Industry | Communication Equipment |