Intellinetics (OTCMKTS:INLX) released its earnings results on Wednesday. The company reported ($0.03) EPS for the quarter, meeting the Zacks’ consensus estimate of ($0.03), reports. The firm had revenue of $0.64 million during the quarter, compared to analysts’ expectations of $0.59 million.
OTCMKTS:INLX traded up $0.01 during trading hours on Friday, reaching $0.13. 1,500 shares of the company traded hands, compared to its average volume of 130. The stock has a market capitalization of $2.41 million, a P/E ratio of -1.00 and a beta of 0.99. The business’s 50-day moving average price is $0.13 and its two-hundred day moving average price is $0.13. Intellinetics has a 1 year low of $0.08 and a 1 year high of $0.14.
Separately, Zacks Investment Research upgraded Intellinetics from a “sell” rating to a “hold” rating in a research note on Wednesday, July 31st.
Intellinetics, Inc develops, markets, and sells document solutions software to the public and private sectors in the United States. The company's software platform allows its customers to capture and manage documents across operations, such as scanned hard-copy documents and digital documents, including Microsoft Office 365, digital images, audios, videos, and emails.
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