Grow Capital (OTCMKTS:GRWC) Shares Cross Below Fifty Day Moving Average – Here’s What Happened

Grow Capital, Inc. (OTCMKTS:GRWC)’s share price passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $0.25 and traded as low as $0.24. Grow Capital shares last traded at $0.24, with a volume of 15,000 shares trading hands.

Grow Capital Trading Up 491.1%

The business’s fifty day simple moving average is $0.25 and its 200 day simple moving average is $0.23. The stock has a market cap of $36.60 million, a price-to-earnings ratio of -8.00 and a beta of 30.38.

Grow Capital (OTCMKTS:GRWC) last posted its earnings results on Wednesday, November 19th. The financial services provider reported ($0.01) earnings per share (EPS) for the quarter. The firm had revenue of $1.16 million during the quarter.

About Grow Capital

Grow Capital, Inc operates in the financial technology sector. It provides software, technology, and services to financial services firms and advisors. The company's software suite delivers customized back office compliance, multi-pay commission processing, and new client application submission system, as well as digital engagement marketing services centric to financial services. It also provides software customization, licensing, and subscription service contracts, as well as ongoing customization and maintenance services; and ad hoc services, including web hosting, website development, and other complementary professional services.