Ballantyne Strong Inc. (NYSE American:BTN) traded at a new 52-week high today of $4.51. This new high was reached on above average trading volume as 1.4 million shares traded hands, while the average 30-day volume is approximately 859,000 shares.
Over the past year, Ballantyne Strong Inc. has traded in a range of $1.26 to $4.51 and is now at $4.18, 232% above that low.
Ballantyne Strong Inc is a holding company that manufactures and distributes projection screens and provides technical support services and other related products and services to the cinema exhibition industry, theme parks, schools, museums, and other entertainment-related markets. It also distributes and supports third-party products, including digital projectors, servers, library management systems, menu boards, and sound systems.
Ballantyne Strong Inc. (NYSE American:BTN) defies analysts with a current price ($4.18) 18.0% above its average consensus price target of $3.43.
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