Initiates Coverage on Ballantyne Strong (NYSE:BTN)

Stock analysts at began coverage on shares of Ballantyne Strong (NYSE:BTNGet Rating) in a note issued to investors on Sunday. The brokerage set a “hold” rating on the stock.

Ballantyne Strong Price Performance

Shares of BTN stock opened at $2.28 on Friday. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.34 and a quick ratio of 1.07. The company has a market capitalization of $44.32 million, a P/E ratio of 114.00 and a beta of 1.29. The company’s 50-day simple moving average is $2.52 and its two-hundred day simple moving average is $2.75. Ballantyne Strong has a one year low of $2.06 and a one year high of $3.46.

Ballantyne Strong (NYSE:BTNGet Rating) last issued its earnings results on Tuesday, August 2nd. The company reported ($0.29) EPS for the quarter. The company had revenue of $9.14 million during the quarter. Ballantyne Strong had a return on equity of 0.46% and a net margin of 0.44%.

About Ballantyne Strong

(Get Rating)

Ballantyne Strong, Inc operates in the entertainment industry worldwide. The company manufactures and distributes projection screens and customized screen support systems directly, as well as through third-party distributors and integrators. It also distributes other products and provides technical support services to the cinema exhibition industry, theme parks, schools, museums, and other entertainment-related markets.

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