NEW YORK ( TheStreet) -- Imax Corporation (NYSE: IMAX) hit a new 52-week low Monday as it is currently trading at $13.69, below its previous 52-week low of $13.70 with 681,298 shares traded as of 11 a.m. ET. Average volume has been 1.8 million shares over the past 30 days.

Imax has a market cap of $982.3 million and is part of the services sector and media industry. Shares are down 48.4% year to date as of the close of trading on Friday.

IMAX Corporation, together with its subsidiaries, operates as an entertainment technology company worldwide. It specializes in digital and film-based motion picture technologies. The company has a P/E ratio of 16.5, equal to the average media industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Imax as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, unimpressive growth in net income and weak operating cash flow. You can view the full Imax Ratings Report.

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