Joint (NASDAQ:JYNT – Get Free Report) announced its earnings results on Thursday. The company reported $0.06 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.06, Zacks reports. Joint had a positive return on equity of 8.24% and a negative net margin of 13.95%.
Joint Stock Up 0.2 %
Shares of JYNT stock traded up $0.02 during trading hours on Thursday, reaching $10.54. 66,460 shares of the company’s stock were exchanged, compared to its average volume of 36,736. Joint has a fifty-two week low of $9.58 and a fifty-two week high of $17.82. The stock has a market capitalization of $157.93 million, a P/E ratio of -9.25 and a beta of 1.61. The business has a fifty day moving average price of $11.07 and a 200-day moving average price of $11.16.
Wall Street Analysts Forecast Growth
Separately, StockNews.com raised Joint from a “hold” rating to a “buy” rating in a research report on Friday, November 15th.
About Joint
The Joint Corp. operates and franchises chiropractic clinics in the United States. The company operates in two segments, Corporate Clinics and Franchise Operations. The Joint Corp. was incorporated in 2010 and is headquartered in Scottsdale, Arizona.
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