ARHT Media (CVE:ART) Lowered to Hold Rating by TD Securities

TD Securities downgraded shares of ARHT Media (CVE:ART) from a strong-buy rating to a hold rating in a report issued on Tuesday morning,Zacks.com reports.

ARHT Media Stock Up 50.0%

CVE:ART opened at C$0.02 on Tuesday. ARHT Media has a fifty-two week low of C$0.01 and a fifty-two week high of C$0.13. The stock has a market capitalization of C$2.96 million, a P/E ratio of -0.25 and a beta of 0.47. The company has a debt-to-equity ratio of 401.18, a quick ratio of 3.06 and a current ratio of 0.36. The company’s 50-day simple moving average is C$0.02 and its 200-day simple moving average is C$0.01.

ARHT Media Company Profile

ARHT Media Inc, together with its subsidiaries, engages in the live and prerecorded holograms with a network of capture and display locations worldwide. Its products include Capsule, a consumer-facing holographic display that is plug-and-play for events in all lighting conditions and can be permanently installed for retail and other consumer or user-facing applications; ARHT Engine, a proprietary technology utilizes a combination of advanced hardware and software, including 3D cameras, motion capture technology, and real-time rendering software to create its holographic displays; and Virtual Global Stage, which allows multiple presenters to interact with one another on the same stage with no latency, appearing much like they would if they were physically next to one another, as well as capture studio, ARHT Hologram Screen, and HoloPod Display.