Idw Media (OTCMKTS:IDWM) Stock Falls 8.6% – Time to Sell?

Idw Media Holdings, Inc. (OTCMKTS:IDWM) dropped 8.6% on Thursday. The company traded as low as $37.00 and last traded at $37.00. Approximately 124 shares traded hands during trading, an increase of 305% from the average session volume of 31 shares. The stock had previously closed at $40.48.

Idw Media Trading Down 8.6%

The company has a market capitalization of $10.73 million, a price-to-earnings ratio of 20.33 and a beta of 0.42. The stock has a 50-day simple moving average of $37.57 and a 200-day simple moving average of $34.23.

Idw Media (OTCMKTS:IDWM) last released its quarterly earnings results on Thursday, September 10th. The company reported $1.65 earnings per share for the quarter, missing analysts’ consensus estimates of $15.00 by ($13.35). The company had revenue of $7.07 million for the quarter, compared to analyst estimates of $11.85 million. Idw Media had a return on equity of 2.51% and a net margin of 2.02%.

Idw Media Company Profile

IDW Media Holdings, Inc is a media and entertainment company focused primarily on publishing comic books, graphic novels and related content. Through its publishing operations, the company has developed and distributed original and licensed titles across print and digital formats.

The company has also been involved in television and film development through its entertainment operations, seeking to adapt publishing properties for broader audiences. Its catalog has included creator-owned works as well as licensed franchises, with distribution serving readers and consumers in North America and international markets.

IDW Media Holdings is associated with IDW Publishing, a long-standing publisher of comics and graphic novels.