GrowHub (NASDAQ:TGHL) Posts Earnings Results

GrowHub (NASDAQ:TGHL) released its quarterly earnings results on Tuesday. The company reported ($0.01) EPS for the quarter, FiscalAI reports. The company had revenue of $0.24 million during the quarter.

GrowHub Trading Down 6.9%

Shares of NASDAQ TGHL traded down $0.03 during mid-day trading on Tuesday, reaching $0.40. The company had a trading volume of 42,071 shares, compared to its average volume of 2,407,518. The business’s 50-day moving average is $0.70 and its 200-day moving average is $0.56. GrowHub has a 52 week low of $0.27 and a 52 week high of $2.48.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on TGHL shares. Wall Street Zen raised shares of GrowHub to a “hold” rating in a research note on Saturday, August 22nd. Weiss Ratings reissued a “sell (e+)” rating on shares of GrowHub in a research note on Friday, August 21st. One equities research analyst has rated the stock with a Sell rating. According to data from MarketBeat, the stock currently has a consensus rating of “Sell”.

About GrowHub

GrowHub Limited (NASDAQ: TGHL) is a Singapore-based technology company focused on developing digital solutions for the agriculture, food and consumer-products industries. The company’s platform is designed to connect producers, brands and consumers while supporting product transparency and sustainability initiatives. GrowHub’s services include product traceability and authentication, supply-chain data management, consumer engagement tools and sustainability-related solutions. Its technology platform is intended to help businesses track products through the supply chain, communicate product information to consumers and support the development of more sustainable production and distribution practices.