Net Element (NASDAQ:NETE) posted its quarterly earnings data on Tuesday. The company reported ($0.06) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.21) by $0.15, Fidelity Earnings reports. Net Element had a negative net margin of 10.82% and a negative return on equity of 186.39%. The business had revenue of $19.42 million during the quarter, compared to analysts’ expectations of $16.70 million.
NASDAQ NETE traded up $0.61 on Thursday, reaching $11.53. 212,290 shares of the stock traded hands, compared to its average volume of 731,031. Net Element has a 12 month low of $1.47 and a 12 month high of $20.08. The firm’s fifty day simple moving average is $12.24 and its 200 day simple moving average is $10.66. The company has a debt-to-equity ratio of 3.46, a quick ratio of 1.02 and a current ratio of 1.02.
Net Element Company Profile
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