Beamr Imaging (NASDAQ:BMR) Stock Price Up 0.4% – Still a Buy?

Beamr Imaging Ltd. (NASDAQ:BMR) shot up 0.4% during trading on Thursday . The company traded as high as $2.05 and last traded at $1.9430. 90,656 shares were traded during mid-day trading, an increase of 7% from the average session volume of 84,817 shares. The stock had previously closed at $1.9350.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Beamr Imaging in a research note on Monday. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Sell”.

Beamr Imaging Trading Up 2.4%

The company has a fifty day simple moving average of $2.34 and a two-hundred day simple moving average of $2.83.

Institutional Investors Weigh In On Beamr Imaging

Large investors have recently modified their holdings of the company. Cubist Systematic Strategies LLC acquired a new stake in Beamr Imaging during the 1st quarter worth approximately $84,000. Two Sigma Investments LP acquired a new stake in shares of Beamr Imaging in the 3rd quarter worth $33,000. Finally, Susquehanna International Group LLP boosted its holdings in shares of Beamr Imaging by 15.2% in the third quarter. Susquehanna International Group LLP now owns 57,450 shares of the company’s stock valued at $176,000 after acquiring an additional 7,600 shares in the last quarter. 0.71% of the stock is owned by hedge funds and other institutional investors.

Beamr Imaging Company Profile

Beamr Imaging (NASDAQ: BMR) is a technology company specializing in perceptual image and video compression solutions. The company develops software encoders and cloud-based optimization tools that reduce file sizes while preserving visual quality. Its proprietary technology analyzes visual data in accordance with human perception, allowing media providers to deliver high-resolution content with lower bandwidth consumption.

Beamr’s product suite includes an image optimization SDK, a video encoder that supports multiple codecs, and an API for cloud integration.