Idw Media (OTCMKTS:IDWM) Stock Falls 8.6% – Should You Sell?

Idw Media Holdings, Inc. (OTCMKTS:IDWM)’s stock price traded down 8.6% during trading on Thursday. The stock traded as low as $37.00 and last traded at $37.00. 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 firm has a market capitalization of $10.73 million, a price-to-earnings ratio of 20.33 and a beta of 0.42. The firm has a 50 day moving average price of $37.57 and a two-hundred day moving average price of $34.23.

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

About Idw Media

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.