Beamr Imaging Ltd. (NASDAQ:BMR – Get Free Report) shares fell 13.6% during mid-day trading on Thursday . The stock traded as low as $1.0610 and last traded at $1.21. 313,855 shares traded hands during trading, an increase of 452% from the average daily volume of 56,909 shares. The stock had previously closed at $1.40.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Beamr Imaging in a report on Monday, May 18th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Sell”.
Check Out Our Latest Stock Report on Beamr Imaging
Beamr Imaging Stock Performance
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the company. Cubist Systematic Strategies LLC bought a new stake in shares of Beamr Imaging in the first quarter worth about $84,000. Two Sigma Investments LP purchased a new stake in shares of Beamr Imaging in the third quarter worth about $33,000. Susquehanna International Group LLP boosted its stake in Beamr Imaging by 15.2% during the third quarter. Susquehanna International Group LLP now owns 57,450 shares of the company’s stock valued at $176,000 after buying an additional 7,600 shares during the last quarter. Finally, Renaissance Technologies LLC boosted its stake in Beamr Imaging by 56.2% during the fourth quarter. Renaissance Technologies LLC now owns 41,700 shares of the company’s stock valued at $65,000 after buying an additional 15,000 shares during 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.
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