Leaf Group (NASDAQ:LEAF) released its quarterly earnings data on Thursday. The company reported ($0.17) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.19) by $0.02, Fidelity Earnings reports. The company had revenue of $40.03 million for the quarter.
NASDAQ:LEAF traded up $0.99 during midday trading on Friday, reaching $4.18. 148,700 shares of the company traded hands, compared to its average volume of 42,047. The company has a fifty day moving average price of $3.46 and a 200 day moving average price of $5.68. Leaf Group has a twelve month low of $2.72 and a twelve month high of $9.38.
Separately, Cowen lowered Leaf Group from an “outperform” rating to a “market perform” rating and reduced their price objective for the company from $10.00 to $7.00 in a research report on Tuesday, August 6th.
Leaf Group Ltd., together with its subsidiaries, operates as a diversified consumer Internet company worldwide. The company operates in two segments, Marketplaces and Media. The Marketplaces segment offers Society6.com, which provides artists with an online commerce platform to feature and sell their original art and designs on consumer products in the home décor, accessories, and apparel categories; and Deny Designs, an artist-driven home décor brand.
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