CTW Cayman (NASDAQ:CTW) Releases Earnings Results

CTW Cayman (NASDAQ:CTW) announced its earnings results on Thursday. The company reported ($0.02) earnings per share (EPS) for the quarter, FiscalAI reports. The firm had revenue of $20.79 million during the quarter.

CTW Cayman Trading Down 8.0%

Shares of CTW stock opened at $1.83 on Friday. CTW Cayman has a 1-year low of $1.10 and a 1-year high of $3.14. The stock’s fifty day simple moving average is $2.34 and its 200-day simple moving average is $2.42.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised shares of CTW Cayman from a “sell (d-)” rating to a “sell (d)” rating in a research report on Tuesday, September 1st. One analyst has rated the stock with a Sell rating. According to MarketBeat, CTW Cayman has a consensus rating of “Sell”.

About CTW Cayman

CTW Cayman Limited is a holding company associated with CTW Inc, a Japan-based developer and operator of online games. Through its G123 platform, the company provides browser-based games that can be played without downloading dedicated applications.

The company’s games are generally based on popular anime and other entertainment properties and are offered through a free-to-play model, with revenue generated from in-game purchases and related digital content. Its platform is designed to support the development, publication and operation of games for users across desktop and mobile devices.

CTW serves players primarily in Japan and also distributes its games internationally.