Minim (NASDAQ:MINM) Shares Down 2.7% – Here’s What Happened

by · The Markets Daily

Minim, Inc. (NASDAQ:MINMGet Free Report)’s share price fell 2.7% during mid-day trading on Wednesday . The company traded as low as $0.36 and last traded at $0.36. 3,250 shares were traded during mid-day trading, a decline of 7% from the average session volume of 3,492 shares. The stock had previously closed at $0.37.

Minim Price Performance

The firm’s fifty day moving average price is $1.70 and its 200-day moving average price is $2.76. The company has a market capitalization of $1.12 million, a price-to-earnings ratio of -0.08 and a beta of 3.09.

Minim (NASDAQ:MINMGet Free Report) last issued its quarterly earnings results on Monday, August 19th. The company reported ($0.17) EPS for the quarter. Minim had a negative net margin of 105.18% and a negative return on equity of 1,144.78%.

Minim Company Profile

(Get Free Report)

Minim, Inc, together with its subsidiaries, delivers intelligent networking products that connects homes and offices in North America and internationally. It offers hardware products, including cable modems, cable modem/routers, gateways, mobile broadband modems, wireless routers, routers, multimedia over coax adapters, mesh home networking devices, mesh systems, and other local area network products.

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