Net Element (NASDAQ:NETE) announced its earnings results on Tuesday. The company reported ($0.06) EPS for the quarter, beating analysts’ consensus estimates 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.
Shares of NASDAQ:NETE opened at $11.53 on Friday. The company has a 50-day simple moving average of $12.17 and a 200-day simple moving average of $10.69. Net Element has a one year low of $1.47 and a one year high of $20.08. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 3.46.
About Net Element
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