Integrated Media Technology (NASDAQ:IMTE) Trading Down 2.4%

Integrated Media Technology Limited (NASDAQ:IMTE – Get Rating) shares dropped 2.4% on Tuesday . The company traded as low as $0.83 and last traded at $0.83. Approximately 36,173 shares were traded during mid-day trading, a decline of 70% from the average daily volume of 121,945 shares. The stock had previously closed at $0.85.

Integrated Media Technology Trading Down 2.4 %

The company has a current ratio of 7.30, a quick ratio of 2.91 and a debt-to-equity ratio of 0.03. The company’s fifty day moving average is $0.71 and its two-hundred day moving average is $1.04.

Institutional Investors Weigh In On Integrated Media Technology

A number of institutional investors have recently modified their holdings of the business. UBS Group AG bought a new stake in shares of Integrated Media Technology in the 2nd quarter worth approximately $28,000. Powell Investment Advisors LLC bought a new stake in shares of Integrated Media Technology during the 2nd quarter worth $39,000. Virtu Financial LLC bought a new stake in shares of Integrated Media Technology during the 1st quarter worth $361,000. Jane Street Group LLC bought a new stake in Integrated Media Technology in the 2nd quarter valued at $86,000. Finally, Renaissance Technologies LLC bought a new stake in Integrated Media Technology in the 3rd quarter valued at $126,000. Institutional investors own 4.20% of the company’s stock.

Integrated Media Technology Company Profile

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Integrated Media Technology Limited offers laminated switchable glass, nano-coated plate filter, air filter, and Internet of Things (IoT) products. It also engages in the provision of financial research services; development of Ouction platform, a non-fungible token trading marketplace; and distribution of halal food products.