Victory Square Technologies (OTCMKTS:VSQTF) Stock Falls 1.6% – Here’s What Happened

Victory Square Technologies Inc. (OTCMKTS:VSQTF)’s stock price dropped 1.6% during mid-day trading on Tuesday. The company traded as low as $0.3046 and last traded at $0.3046. 28,381 shares changed hands during trading, a decline of 32% from the average session volume of 41,498 shares. The stock had previously closed at $0.3097.

Victory Square Technologies Price Performance

The company has a quick ratio of 5.04, a current ratio of 5.04 and a debt-to-equity ratio of 0.19. The firm has a market capitalization of $31.76 million, a P/E ratio of 6.09 and a beta of 1.86. The business’s 50 day moving average is $0.40 and its 200-day moving average is $0.45.

Victory Square Technologies (OTCMKTS:VSQTF) last issued its earnings results on Monday, August 31st. The company reported $0.01 earnings per share (EPS) for the quarter. Victory Square Technologies had a return on equity of 15.90% and a net margin of 6.20%. The business had revenue of $20.25 million during the quarter.

Victory Square Technologies Company Profile

Victory Square Technologies Inc is a Canadian venture builder and technology investment company focused on identifying, developing and supporting early-stage businesses. The company has historically invested in and helped build ventures in areas including fintech, health technology, artificial intelligence, gaming, esports, blockchain and digital media.

Rather than operating as a single-product business, Victory Square has used a portfolio model that combines capital, strategic guidance and shared business resources.