ARHT Media (CVE:ART) Given New C$0.13 Price Target at Cormark

ARHT Media (CVE:ARTFree Report) had its price objective cut by Cormark from C$0.20 to C$0.13 in a report released on Wednesday, BayStreet.CA reports. Cormark also issued estimates for ARHT Media’s FY2025 earnings at ($0.03) EPS.

ARHT Media Price Performance

Shares of ARHT Media stock opened at C$0.05 on Wednesday. The firm has a fifty day simple moving average of C$0.05 and a 200-day simple moving average of C$0.07. The company has a current ratio of 1.00, a quick ratio of 3.06 and a debt-to-equity ratio of 401.18. ARHT Media has a 1-year low of C$0.04 and a 1-year high of C$0.19. The stock has a market capitalization of C$9.62 million, a price-to-earnings ratio of -1.00 and a beta of 0.52.

ARHT Media Company Profile

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ARHT Media Inc, together with its subsidiaries, engages in the live and prerecorded holograms with a network of capture and display locations worldwide. Its products include Capsule, a consumer-facing holographic display that is plug-and-play for events in all lighting conditions and can be permanently installed for retail and other consumer or user-facing applications; ARHT Engine, a proprietary technology utilizes a combination of advanced hardware and software, including 3D cameras, motion capture technology, and real-time rendering software to create its holographic displays; and Virtual Global Stage, which allows multiple presenters to interact with one another on the same stage with no latency, appearing much like they would if they were physically next to one another, as well as capture studio, ARHT Hologram Screen, and HoloPod Display.

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