Idw Media (OTCMKTS:IDWM) Shares Down 7.2% – Should You Sell?

Idw Media Holdings, Inc. (OTCMKTS:IDWM)’s stock price dropped 7.2% during mid-day trading on Wednesday . The company traded as low as $32.00 and last traded at $32.00. Approximately 4,368 shares traded hands during mid-day trading, an increase of 5,340% from the average daily volume of 80 shares. The stock had previously closed at $34.50.

Idw Media Trading Down 7.2%

The stock has a market capitalization of $9.28 million, a P/E ratio of -0.15 and a beta of 0.41. The stock’s 50 day simple moving average is $44.78 and its 200 day simple moving average is $28.80.

Idw Media Company Profile

IDW Media Holdings, Inc is a San Diego?based media holding company that acquires, operates and invests in publishing and entertainment businesses. Through its flagship subsidiary, IDW Publishing, the company produces a broad range of comic books and graphic novels, including licensed series based on popular franchises such as Transformers, Star Trek, and My Little Pony. IDW Media also oversees Top Shelf Productions, a boutique graphic?novel imprint known for critically acclaimed original works, and Magnet Releasing, a specialty film distribution arm focused on independent and genre cinema.

Established in 1999 as a creative boutique and reorganized under the IDW Media Holdings umbrella in 2015, the company has built a multi?platform media portfolio that spans print, digital, and screen adaptations.