Treasure Global (NASDAQ:TGL) Issues Earnings Results

Treasure Global (NASDAQ:TGL) posted its quarterly earnings results on Friday. The company reported ($0.31) EPS for the quarter, Zacks reports. Treasure Global had a negative return on equity of 34.97% and a negative net margin of 1,002.87%.

Treasure Global Trading Up 0.2%

Shares of NASDAQ TGL traded up $0.00 during mid-day trading on Friday, reaching $0.78. The company had a trading volume of 4,271,718 shares, compared to its average volume of 5,241,346. The firm has a 50 day simple moving average of $0.98 and a two-hundred day simple moving average of $1.20. Treasure Global has a 52-week low of $0.68 and a 52-week high of $39.00. The stock has a market cap of $6.62 million, a P/E ratio of -0.02 and a beta of 2.83.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on TGL shares. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Treasure Global in a research report on Friday, October 31st. Wall Street Zen cut Treasure Global from a “hold” rating to a “sell” rating in a research note on Saturday, November 8th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has an average rating of “Sell”.

About Treasure Global

Treasure Global Inc offers e-commerce activities through its platform. Its platform provides consumers and merchants instant rebates and affiliate cashback programs, while providing a seamless e-payment solution with rebates in both e-commerce and physical retailers/merchant settings. The company offers ZCITY App, a payment gateway platform.