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How to Buy Moving Image Technologies Stock

Moving Image Technologies Inc

Moving Image Technologies is a communication equipment company located in California, United States, which is part of the Technology sector, and is traded under the ticker MITQ on the NYSEMKT exchange.

Moving Image Technologies stock last closed at $0.63, up 19.51% from the previous day, and has decreased 36.9% in one year. It has underperformed other stocks in the Communication Equipment industry by 0.15 percentage points. Moving Image Technologies stock is currently +46.4% from its 52-week low of $0.43, and -51.09% from its 52-week high of $1.29.

There are currently 10.48M shares of MITQ outstanding. The market value of MITQ is $6.61M. In the past 24 hours, 313,429 MITQ shares were traded.

How to Buy Moving Image Technologies Stock

Not sure how to invest in Moving Image Technologies stock? Here's how.
  1. Choose where to buy Moving Image Technologies stock: You need to decide on an online brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you decide where to buy Moving Image Technologies stock.
  2. Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Fund your brokerage account: Pick your payment method and add your details.
  4. Research Moving Image Technologies stock: The Moving Image Technologies ticker symbol is MITQ. Is Moving Image Technologies stock a good investment? Should you buy shares of MITQ? How do MITQ's underlying business fundamentals look? Do top analysts think Moving Image Technologies is a good buy? Why has MITQ's stock price moved recently? (Hint: Our stock market analysis website can help you evaluate if MITQ is a good stock to buy).
  5. Execute your MITQ trade: Decide if you will purchase MITQ shares at the current market price or use a limit order to buy MITQ stock at a specific price.
  6. Get key alerts regarding your MITQ position: Create a watchlist to track your investment in Moving Image Technologies stock.

Step 1: Choose where to buy Moving Image Technologies stock

You need an online brokerage account in order to access the NYSEMKT market and buy MITQ shares.

A brokerage account is an investment account that allows you to buy and sell a variety of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for your brokerage account

Now that you've chosen the best brokerage, it's time to fill out some personal information so you can invest in MITQ today.

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Step 3: Fund your brokerage account

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Step 4: Research Moving Image Technologies stock

After you have identified the best place to buy Moving Image Technologies stock, it's absolutely critical to research their stock prior to buying, so you can understand the risk and upside.

Overview of key MITQ info

MITQ Price
$0.63
1w %
30.91%
1y %
-36.9%
5y %
N/A
P/E
-3.32x
P/B
0.93x
P/S
0.35x
PEG
N/A
Revenue
$19.41M
Earnings
-$2.11M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$6.61M
Next Earnings
N/A
Next Dividend
N/A

Fundamentals of MITQ

WallStreetZen was built to help average investors perform more in-depth fundamental analysis.

You can view all of the due diligence checks on MITQ's stock page.

Is MITQ stock undervalued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge MITQ's true value.

Using relative valuations measures:

  • MITQ may be undervalued based on its P/B ratio of 0.93x, relative to Communication Equipment industry P/B ratio of 2.65x

You can do additional valuation analysis on MITQ's stock here.

How do MITQ Financials look?

Pros:

  • MITQ has $5.14M in cash and short term investments. This is enough to cover its annual cash burn of $413.00k.
  • There are more short-term assets than long-term liabilities on the MITQ balance sheet.
  • MITQ has cash burn of 413000. It has enough cash and short-term investments to cover this for at least one year.
  • There are more short-term assets than short-term liabilities on the MITQ balance sheet.

Cons:

  • MITQ profit margin has gone down from -0.8% to -10.8% in the past year.
  • MITQ has a relatively high debt to equity ratio of 0.75.

Metrics for Advanced MITQ Traders

SMA10
0.65
SMA20
0.71
SMA50
0.75
SMA100
0.8
SMA200
0.88
MACD
-0.04
MACD Signal
-0.03
MACD Histogram
-0.01
RSI
42.55
Stochastic %K
8.6
Stochastic %D
7.7
StochRSI %K
10.46
StochRSI %D
8.31

How is MITQ performing as a company?

Last year, MITQ revenue was $19.41M. Over the last two year, MITQ's revenue has grown by 34.23% per year. This was faster than the Communication Equipment industry average of 3.93%.

Dive into MITQ's earnings and revenue performance here.

Are MITQ insiders buying or selling the stock?

In the past 12 months, executives and large shareholders at MITQ have sold more shares than they have bought.

Jose Delgado, EVP SALES MARKETING of MITQ, was the latest MITQ insider to sell. They sold $33,073.86 worth of MITQ stock on Feb 28, 2024.

Learn more about who owns MITQ shares here.

Does MITQ stock generate passive income?

No, Moving Image Technologies doesn't provide an income stream by paying out dividends.

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Step 5: Execute your MITQ trade

You have two main types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are usually fine.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at a particular price, use a limit order.

Hit the Open button and your broker will execute your order.

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Step 6: Get key alerts regarding your MITQ position

Now that you own some shares in MITQ, you'll want to keep up with your company.

Create a watchlist to see the latest developments about your MITQ stock.

MITQ Feed

How to Buy Stock in Moving Image Technologies

To summarize, here are the 6 steps to buy stock in Moving Image Technologies:

  1. Choose where to buy Moving Image Technologies stock
  2. Sign up for your brokerage account
  3. Fund your brokerage account
  4. Research Moving Image Technologies stock
  5. Execute your MITQ trade
  6. Get key alerts regarding your MITQ position

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If you want to get notifications regarding your investment in Moving Image Technologies, add MITQ to your watchlist below.

NYSEMKT: MITQ
$0.63+0.10 (+19.51%)
Updated Apr 18, 2024
Open eToro Account
NYSEMKT: MITQ
$0.63+0.10 (+19.51%)
Updated Apr 18, 2024
Open eToro Account

FAQ

How much does it cost to buy one Moving Image Technologies share?

As of Apr 18, 2024, it costs $0.63 to buy one share of Moving Image Technologies stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.32, you can buy 0.5 shares of MITQ.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Moving Image Technologies stock?

One way to place an order for Moving Image Technologies stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.