Minim (NASDAQ:MINM) Stock Price Down 1.2% – Here’s What Happened

Minim, Inc. (NASDAQ:MINMGet Free Report) dropped 1.2% during mid-day trading on Tuesday . The stock traded as low as $1.59 and last traded at $1.59. Approximately 1,605 shares were traded during mid-day trading, a decline of 100% from the average daily volume of 1,402,406 shares. The stock had previously closed at $1.61.

Minim Stock Performance

The company has a market cap of $2.81 million, a price-to-earnings ratio of -0.20 and a beta of 2.97. The firm’s 50-day moving average price is $2.61 and its 200 day moving average price is $3.21.

Minim (NASDAQ:MINMGet Free Report) last released its earnings results on Monday, August 19th. The company reported ($0.17) EPS for the quarter. Minim had a negative return on equity of 1,144.78% and a negative net margin of 105.18%.

About Minim

(Get Free Report)

Minim, Inc, together with its subsidiaries, delivers intelligent networking products that connects homes and offices in North America and internationally. It offers hardware products, including cable modems, cable modem/routers, gateways, mobile broadband modems, wireless routers, routers, multimedia over coax adapters, mesh home networking devices, mesh systems, and other local area network products.

Further Reading

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