IMAX China (OTCMKTS:IMXCF) Trading Down 5.3% – Here’s Why

IMAX China Holding, Inc. (OTCMKTS:IMXCFGet Free Report) shares dropped 5.3% during mid-day trading on Monday . The stock traded as low as $0.90 and last traded at $0.90. Approximately 1,000 shares changed hands during trading, a decline of 54% from the average daily volume of 2,167 shares. The stock had previously closed at $0.95.

IMAX China Stock Down 5.3 %

The firm has a fifty day simple moving average of $1.03 and a 200 day simple moving average of $1.05.

About IMAX China

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IMAX China Holding, Inc, an investment holding company, provides digital and film-based motion picture technologies in the People’s Republic of China, Hong Kong, Macau, and Taiwan. It operates through two segments, Content Solutions, and Technology Products and Services. The company engages in the digital re-mastering of Hollywood, Chinese language, and other films for the IMAX theatre network in Greater China.

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