iPic Entertainment Inc. (OTCMKTS:IPIC)’s stock price shot up 47.7% during mid-day trading on Wednesday . The stock traded as high as $0.30 and last traded at $0.25. 1,458 shares changed hands during trading, a decline of 66% from the average session volume of 4,257 shares. The stock had previously closed at $0.17.
Separately, ValuEngine raised iPic Entertainment from a “hold” rating to a “buy” rating in a report on Wednesday, December 23rd.
The company’s 50 day simple moving average is $0.25.
iPic Entertainment Inc operates restaurants and theaters in the United States. The company operates casual restaurants, farm-to-glass full-service bars, and theater auditoriums with in-theater dining. It operates restaurants under the City Perch Kitchen + Bar, Tanzy, The Tuck Room, The Tuck Room Tavern, and iPic Express brands.
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