Beamr Imaging (NASDAQ:BMR) Trading Down 1.9% – Here’s Why

Shares of Beamr Imaging Ltd. (NASDAQ:BMRGet Free Report) were down 1.9% during trading on Tuesday . The stock traded as low as $4.39 and last traded at $4.56. Approximately 450,111 shares changed hands during trading, a decline of 40% from the average daily volume of 755,919 shares. The stock had previously closed at $4.65.

Beamr Imaging Stock Performance

The stock has a 50 day moving average of $3.54.

About Beamr Imaging

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Beamr Imaging Ltd. provides video encoding, transcoding, and optimization solutions in the United States, Israel, and internationally. It offers a suite of video compression software encoder solutions, including Beamr 4 H.264, Beamr 4X H.264 content adaptive, Beamr 5 HEVC, and Beamr 5X HEVC content adaptive encoders; Beamr JPEGmini photo optimization software solutions for reducing joint photographic experts group file sizes; and Beamr Silicon IP block, a hardware solution for integration into dedicated video encoding application-specific integrated circuits, graphics processing units, and application processors.

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