Ballantyne Strong Inc (NYSEMKT:BTN) Stock Price Up as Sentiment Improves

September 14, 2018 - By Jacqueline McKee

Sentiment for Ballantyne Strong Inc (NYSEMKT:BTN)

Ballantyne Strong Inc (NYSEMKT:BTN) institutional sentiment increased to 0.56 in Q2 2018. Its up 0.01, from 0.55 in 2018Q1. The ratio increased, as 5 institutional investors increased and started new positions, while 9 cut down and sold stakes in Ballantyne Strong Inc. The institutional investors in our partner’s database now own: 6.81 million shares, up from 6.51 million shares in 2018Q1. Also, the number of institutional investors holding Ballantyne Strong Inc in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 0 Reduced: 9 Increased: 5 New Position: 0.

Ballantyne Strong, Inc. designs, integrates, and installs technology solutions for the retail, financial, government, and cinema markets worldwide. The company has market cap of $57.05 million. It operates through two divisions, Cinema and Digital Media. It currently has negative earnings. The Cinema segment provides audio-visual products and accessories, such as digital projectors, projection screens, servers and library management systems, menu boards, flat panel displays, and sound systems.

The stock increased 3.95% or $0.15 during the last trading session, reaching $3.95. About 3,209 shares traded. Ballantyne Strong, Inc (NYSEMKT:BTN) has declined 36.80% since September 14, 2017 and is downtrending. It has underperformed by 52.42% the S&P500.

Ariel Investments Llc holds 0.18% of its portfolio in Ballantyne Strong, Inc for 3.30 million shares. Perritt Capital Management Inc owns 100,000 shares or 0.14% of their US portfolio. Moreover, Bridgeway Capital Management Inc has 0.01% invested in the company for 109,920 shares. The New Jersey-based State Of New Jersey Common Pension Fund D has invested 0.01% in the stock. Bank Of America Corp De, a North Carolina-based fund reported 2,203 shares.

Ballantyne Strong, Inc (NYSEAMERICAN:BTN) Institutional Positions Chart

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