Minim (NASDAQ:FIEE) Posts Quarterly Earnings Results

Minim (NASDAQ:FIEE) announced its quarterly earnings results on Friday. The company reported $0.08 EPS for the quarter, FiscalAI reports. Minim had a negative return on equity of 1,144.78% and a negative net margin of 105.18%. The firm had revenue of $2.62 million for the quarter.

Minim Price Performance

NASDAQ FIEE traded up $0.04 on Friday, hitting $2.83. The stock had a trading volume of 1,959 shares, compared to its average volume of 162,361. The business’s fifty day moving average price is $3.49 and its 200 day moving average price is $4.95. Minim has a 52-week low of $1.50 and a 52-week high of $10.59. The stock has a market cap of $226,800.00, a price-to-earnings ratio of -0.53 and a beta of 1.81.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised shares of Minim from a “sell (d)” rating to a “hold (c-)” rating in a report on Friday, September 25th. One research analyst has rated the stock with a Hold rating. According to data from MarketBeat.com, the company presently has an average rating of “Hold”.

About Minim

Minim, Inc. is a technology company focused on connected-home and wireless networking solutions. Its business has centered on helping consumers and service providers manage home internet connectivity through hardware, software and cloud-based services. The company has offered products including Motorola-branded cable modems, Wi-Fi routers and mesh networking equipment, along with the Minim mobile application. Its software tools are designed to support network monitoring, device management, security features and troubleshooting for residential users.