Beamr Imaging (BMR) Stock Dips Over 5% Amid Industry Decline

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4 days ago

Beamr Imaging Ltd. (BMR, Financial) experienced a significant stock drop of 5.15%, recently trading at $3.50 per share with a volume of 58,566 shares and a turnover rate of 0.38%. The stock's price fluctuation was measured at 4.07%.

The latest financial report reveals Beamr Imaging Ltd. generated $1 million in revenue but reported a net loss of $1.97 million, translating to an earnings per share of -$0.13. The company achieved a gross profit of $905,000, resulting in a negative price-to-earnings ratio of -32.09.

In terms of institutional ratings, the sole institution covering Beamr Imaging Ltd. recommends a buy, with no hold or sell recommendations.

Within the software services sector, which saw an overall decline of 0.98%, Beamr Imaging's peers showed mixed performances. Financial OneConnect, Versus Systems Inc, and Cerence Inc. recorded notable gains. In contrast, Cemtrex Inc., Microalgo, Inc., and Cerence Inc. showed high activity with turnover rates of 1834.90%, 147.13%, and 25.26%, respectively. Stocks with significant amplitude included Multisensor Ai Holdings Inc and Surgepays Inc.

Beamr Imaging Ltd. specializes in video technology and image science software, leading innovations in video encoding, transcoding, and optimization solutions. Operating primarily in the U.S. and internationally, the company focuses on delivering high-quality, high-performance video and image compression solutions.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.