As if by some special effect it might have conjured in a computer graphics bay, shares of thinly traded Point.360 jumped almost 60 percent last week – after it reported quarterly and full-year 2013 losses.

Shares of the Glassell Park postproduction house closed at $1.34 on Sept. 18, 65 percent above the previous week’s close, making it the top gainer on the LABJ Stock Index. (See page 40.)

Trading spiked to more than 372,000 shares Sept. 16, more than 15 times its average daily volume of 24,000 trades. But no news was seen driving the frenzy.

The company reported a fourth-quarter loss of $900,000 (-8 cents a share) on Sept. 13, compared with net income of $600,000 (6 cents) in the same period last year.

For the full year ended June 30, Point.360 reported a net loss of $1.2 million (-12 cents a share), compared with net income of $450,000 (4 cents) the year earlier.

Haig S. Bagerdjian, Point.360’s chairman and chief executive, said in a statement that losses were due to lower orders from a major customer that brought some of the work Point.360 provided in-house.

“We have experienced similar activity for some customers in the past,” he said, “and we normally see these fluctuations reverse themselves over time, as customers once again look for the efficiencies that we provide.”

However, an important positive note came out of the report: The company has been approved to deliver feature and TV content as part of Google Inc.’s video-on-demand platform, and that content delivery to clients to Netflix Inc., Amazon.com Inc. and Hulu has grown.

Ryan Kugler, president and co-owner of Burbank video liquidator DVA Inc., said getting into VOD is good for the company, but warned that it is a highly competitive market.

Point.360 has also stepped into the retail DVD rental market, arguing that with the withdrawal of big players like Blockbuster there remains a large consumer market for the rental of DVDs and video games. The company has three Movie Q stores in Los Angeles, and has configured them as a hybrid of traditional video stores and the popular DVD vending machines that have cropped up in supermarkets.

The company has argued that the smaller 1,200- to 1,600-square-foot stores, which employ an automated inventory management system, are cheaper and more efficient to operate than the bigger stores that have been forced to abandon the market.