Snail (NASDAQ:SNAL) Issues Earnings Results

Snail (NASDAQ:SNAL) released its quarterly earnings data on Monday. The company reported $0.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.20), reports. Snail had a negative return on equity of 163.52% and a negative net margin of 17.23%. The firm had revenue of $28.57 million during the quarter, compared to the consensus estimate of $31.60 million.

Snail Price Performance

NASDAQ:SNAL opened at $1.05 on Wednesday. Snail has a 1 year low of $0.79 and a 1 year high of $2.32. The stock’s 50 day simple moving average is $0.99 and its two-hundred day simple moving average is $1.15.

Institutional Trading of Snail

An institutional investor recently bought a new position in Snail stock. Virtu Financial LLC acquired a new position in Snail, Inc. (NASDAQ:SNAL) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 18,174 shares of the company’s stock, valued at approximately $27,000. 0.36% of the stock is owned by institutional investors.

About Snail

Snail, Inc, together with its subsidiaries, researches, develops, markets, publishes, and distributes interactive digital entertainment for consumers worldwide. It offers games, content, and support for various platforms, including game consoles, personal computers, mobile phones, and tablets. The company was founded in 2009 and is headquartered in Culver City, California.