Bgin Blockchain (NASDAQ:BGIN) Posts Earnings Results

Bgin Blockchain (NASDAQ:BGIN – Get Free Report) announced its quarterly earnings results on Friday. The company reported ($0.12) earnings per share (EPS) for the quarter, FiscalAI reports. The firm had revenue of $3.69 million during the quarter.

Bgin Blockchain Price Performance

BGIN stock traded up $0.10 during mid-day trading on Friday, hitting $1.97. 1,848 shares of the company were exchanged, compared to its average volume of 24,443. The firm has a fifty day simple moving average of $1.91 and a 200 day simple moving average of $2.50. Bgin Blockchain has a twelve month low of $1.61 and a twelve month high of $6.50.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded Bgin Blockchain from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Friday, September 18th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Sell”.

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