NASDAQ NETE traded up $0.07 during trading hours on Thursday, reaching $3.68. The company had a trading volume of 300 shares, compared to its average volume of 19,611. The firm has a 50-day moving average price of $4.10. Net Element has a 1-year low of $3.60 and a 1-year high of $10.60. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.72 and a quick ratio of 0.72. The company has a market capitalization of $14.85 million, a PE ratio of -3.24 and a beta of 1.29.
Net Element (NASDAQ:NETE) last posted its earnings results on Wednesday, May 15th. The company reported ($0.28) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.18) by ($0.10). Net Element had a negative net margin of 6.86% and a negative return on equity of 41.31%. The company had revenue of $15.05 million during the quarter, compared to analyst estimates of $16.00 million. As a group, research analysts forecast that Net Element will post -1.27 EPS for the current fiscal year.
Net Element Company Profile
Net Element, Inc operates as a financial technology and value-added solutions company. It operates in two segments, North American Transaction Solutions, and International Transaction Solutions. The company offers a range of payment acceptance and processing services that enable merchants of various sizes to accept and process approximately 100 payment options, including credit, debit, prepaid, and alternative payments; and value-added services and technologies, such as integrated payment technologies, point-of-sale solutions (POS), security solutions, fraud management, information solutions, and analytical tools.
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