Net Element (NASDAQ:NETE) announced its earnings results on Tuesday. The company reported ($0.06) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.21) by $0.15, Fidelity Earnings reports. Net Element had a negative return on equity of 186.39% and a negative net margin of 10.82%. The company had revenue of $19.42 million for the quarter, compared to analysts’ expectations of $16.70 million.
Shares of Net Element stock opened at $11.53 on Friday. Net Element has a one year low of $1.47 and a one year high of $20.08. The stock’s fifty day moving average is $12.17 and its 200 day moving average is $10.69. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 3.46.
Net Element Company Profile
See Also: What are the FAANG Stocks?
Receive News & Ratings for Net Element Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Net Element and related companies with MarketBeat.com's FREE daily email newsletter.