Ballantyne Strong Inc (NYSEAMERICAN:BTN) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $0.00 and traded as high as $2.70. Ballantyne Strong shares last traded at $2.65, with a volume of 46,404 shares traded.
Ballantyne Strong (NYSEAMERICAN:BTN) last announced its quarterly earnings data on Tuesday, November 12th. The consumer goods maker reported ($0.12) earnings per share for the quarter. The company had revenue of $16.85 million for the quarter.
A number of large investors have recently bought and sold shares of the business. Renaissance Technologies LLC lifted its stake in shares of Ballantyne Strong by 4.0% during the 2nd quarter. Renaissance Technologies LLC now owns 588,903 shares of the consumer goods maker’s stock valued at $1,902,000 after buying an additional 22,774 shares in the last quarter. Dalton Greiner Hartman Maher & Co. purchased a new position in shares of Ballantyne Strong during the 3rd quarter valued at $680,000. Finally, SG Capital Management LLC purchased a new position in shares of Ballantyne Strong during the 3rd quarter valued at $302,000.
About Ballantyne Strong (NYSEAMERICAN:BTN)
Ballantyne Strong, Inc designs, integrates, and installs technology solutions for the cinema, retail, financial, advertising, and government markets worldwide. It operates in three segments: Strong Cinema, Convergent, and Strong Outdoor. The Cinema segment provides audio-visual products and accessories, such as digital projectors, projection screens, servers, library management systems, menu boards, flat panel displays, and sound systems, as well as network monitoring and on-site service for cinema equipment.
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