Myseum (NASDAQ:MYSE) Announces Quarterly Earnings Results

Myseum (NASDAQ:MYSE) released its quarterly earnings results on Friday. The company reported ($0.61) earnings per share for the quarter, Zacks reports.

Myseum Price Performance

MYSE traded up $0.13 on Friday, reaching $2.66. The company’s stock had a trading volume of 119,043 shares, compared to its average volume of 90,041. The stock has a market cap of $13.83 million, a price-to-earnings ratio of -2.15 and a beta of 1.91. Myseum has a 1 year low of $1.31 and a 1 year high of $5.77. The business’s 50 day moving average is $2.37 and its 200 day moving average is $2.06.

Hedge Funds Weigh In On Myseum

A hedge fund recently bought a new position in Myseum stock. XTX Topco Ltd bought a new stake in shares of Myseum, Inc. (NASDAQ:MYSE) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 15,849 shares of the company’s stock, valued at approximately $40,000. XTX Topco Ltd owned about 0.32% of Myseum at the end of the most recent quarter. 0.92% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently commented on MYSE shares. Weiss Ratings raised shares of Myseum from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Thursday, June 4th. Wall Street Zen raised shares of Myseum from a “strong sell” rating to a “sell” rating in a report on Sunday, July 12th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Myseum currently has an average rating of “Sell”.

About Myseum

Myseum, Inc (formerly DatChat Inc) is a security- and privacy-first social media and technology company focused on innovative and creative user platforms. Its flagship platform is Myseum, your Free Timeless Digital Shoebox Social Network that makes it easier to share your photos and videos both today, and for generations to come.