Ballantyne Strong Inc (NYSEAMERICAN:BTN)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.00 and traded as high as $2.79. Ballantyne Strong shares last traded at $2.79, with a volume of 100 shares traded.
Ballantyne Strong (NYSEAMERICAN:BTN) last released its earnings results on Wednesday, August 14th. The consumer goods maker reported ($0.24) EPS for the quarter. The firm had revenue of $14.27 million for the quarter.
In related news, Director Global Investors Fundamental acquired 8,189 shares of Ballantyne Strong stock in a transaction that occurred on Wednesday, June 26th. The stock was purchased at an average price of $3.30 per share, for a total transaction of $27,023.70. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders purchased 310,479 shares of company stock valued at $937,243 in the last quarter.
Ballantyne Strong Company Profile (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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