IDW Media (NYSE:IDW) Stock Price Down 4.5% – Here’s Why

Shares of IDW Media Holdings, Inc. (NYSE:IDWGet Free Report) were down 4.5% during trading on Tuesday . The company traded as low as $0.22 and last traded at $0.37. Approximately 9,803 shares changed hands during mid-day trading, a decline of 76% from the average daily volume of 41,395 shares. The stock had previously closed at $0.39.

IDW Media Stock Performance

The company has a market cap of $5.06 million, a price-to-earnings ratio of -1.06 and a beta of 0.51. The stock’s fifty day simple moving average is $0.36 and its 200 day simple moving average is $0.37.

About IDW Media

(Get Free Report)

IDW Media Holdings, Inc engages in the provision of digital media and print based solutions. The firm operates through the IDW Publishing and IDW Entertainment segments. The IDW Publishing segment is a comic book and graphic novel publisher that creates and licenses intellectual property. The IDW Entertainment segment leverages properties, principally those of IDW Publishing, into television series developing, producing and distributing original content worldwide.

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