Beamr Imaging (BMR) Shares Drop Amid Market Volatility

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Nov 12, 2024

Beamr Imaging Ltd. (BMR, Financial) recently experienced a significant stock price drop, decreasing by 5.39%. The stock is currently trading at $2.81 per share with a trading volume of 139,605 shares and a turnover rate of 0.90%. The stock's price amplitude reached 6.40%.

Financial reports indicate that Beamr Imaging Ltd. reported a revenue of $1 million, a net loss of $1.97 million, and an earnings per share (EPS) of -$0.13. The company achieved a gross profit of $905,000 and has a price-to-earnings (P/E) ratio of -25.89. Among the rating agencies that cover this stock, 100% have issued a buy recommendation.

In the broader software service industry, the overall increase was 1.08%. Notable performers in related stocks include Next Technology Holding Inc., Xbp Europe Holdings, Inc., and Grab Holdings Ltd, which witnessed significant gains. Active trading was observed in Xbp Europe Holdings, Inc., Tao Ping, and Next Technology Holding Inc., with turnover rates of 98.41%, 64.27%, and 54.22%, respectively. Stocks with high price amplitude include Xbp Europe Holdings Inc C/Wts, Next Technology Holding Inc., and Arqit Quantum Inc, with amplitudes of 143.78%, 96.52%, and 54.42% respectively.

Beamr Imaging Ltd. specializes in video technology and image science software, offering innovative solutions for video encoding, transcoding, and optimization. The company operates in the video and photo compression optimization sector, with operations in Israel, the United States, and other regions, drawing most of its revenue from the U.S.

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.