Beamr Imaging Ltd. (NASDAQ:BMR – Get Free Report)’s share price shot up 7.3% during mid-day trading on Friday . The stock traded as high as $2.50 and last traded at $2.49. 70,900 shares changed hands during mid-day trading, a decline of 90% from the average session volume of 732,794 shares. The stock had previously closed at $2.32.
Beamr Imaging Price Performance
The firm’s 50 day moving average price is $3.31 and its 200-day moving average price is $3.43.
About Beamr Imaging
Beamr Imaging Ltd. provides video encoding, transcoding, and optimization solutions in the United States, Israel, and internationally. It offers a suite of video compression software encoder solutions, including Beamr 4 H.264, Beamr 4X H.264 content adaptive, Beamr 5 HEVC, and Beamr 5X HEVC content adaptive encoders; Beamr JPEGmini photo optimization software solutions for reducing joint photographic experts group file sizes; and Beamr Silicon IP block, a hardware solution for integration into dedicated video encoding application-specific integrated circuits, graphics processing units, and application processors.
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