Prestige Wealth (NASDAQ:AURE) Announces Earnings Results

Prestige Wealth (NASDAQ:AURE) released its quarterly earnings data on Monday. The company reported ($0.72) earnings per share for the quarter, Zacks reports.

Prestige Wealth Stock Performance

Prestige Wealth stock opened at $1.71 on Tuesday. Prestige Wealth has a fifty-two week low of $1.25 and a fifty-two week high of $14.60. The stock has a market capitalization of $59.16 million, a PE ratio of -1.90 and a beta of 2.38. The stock’s 50-day moving average price is $2.17. The company has a current ratio of 59.95, a quick ratio of 59.95 and a debt-to-equity ratio of 0.36.

Analyst Ratings Changes

Separately, Weiss Ratings downgraded shares of Prestige Wealth from a “sell (d)” rating to a “sell (d-)” rating in a research report on Monday, July 20th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has an average rating of “Sell”.

About Prestige Wealth

Through our subsidiaries, we are a wealth management and asset management services provider based in Hong Kong, with the majority of our subsidiaries’ operations in Hong Kong. Our subsidiaries assist their clients in identifying and purchasing well matched wealth management products and global asset management products. Our subsidiaries’ clients for both wealth management and asset management services are primarily high net worth and ultra-high net worth individuals in Asia, and a majority of our subsidiaries’ clients reside in mainland China or Hong Kong.