NuZee (NASDAQ:NUZE) Trading Up 0.6%

Shares of NuZee, Inc. (NASDAQ:NUZE) traded up 0.6% during trading on Wednesday . The company traded as high as $1.61 and last traded at $1.61. 418 shares were traded during mid-day trading, a decline of 100% from the average session volume of 278,332 shares. The stock had previously closed at $1.60.

NuZee Trading Down 12.4 %

The firm’s 50 day simple moving average is $1.75 and its 200-day simple moving average is $1.79. The stock has a market capitalization of $1.83 million, a price-to-earnings ratio of -0.17 and a beta of 2.05.

NuZee (NASDAQ:NUZE) last issued its quarterly earnings data on Friday, May 24th. The company reported ($1.28) earnings per share for the quarter. The company had revenue of $0.61 million during the quarter. NuZee had a negative net margin of 247.67% and a negative return on equity of 537.84%.

Institutional Investors Weigh In On NuZee

An institutional investor recently bought a new position in NuZee stock. Bard Associates Inc. purchased a new position in shares of NuZee, Inc. (NASDAQ:NUZE) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 117,750 shares of the company’s stock, valued at approximately $299,000. Bard Associates Inc. owned 9.20% of NuZee at the end of the most recent quarter. Institutional investors own 23.42% of the company’s stock.

NuZee Company Profile

NuZee, Inc, together with its subsidiaries, manufactures, packs, and sells single-serve pour-over coffee and tea bag-style coffee for coffee roasters and food service companies in North America and South Korea. The company sells its products under Coffee Blenders, Twin Peaks, DRIPKIT, and Stone Brewing brand names.