Treasure Global (NASDAQ:TGL) Stock Rating Lowered by Wall Street Zen

Treasure Global (NASDAQ:TGL) was downgraded by equities researchers at Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued on Saturday.

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Treasure Global in a research note on Friday, October 31st. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has a consensus rating of “Sell”.

Treasure Global Price Performance

Shares of Treasure Global stock traded up $0.01 on Friday, hitting $0.81. The company had a trading volume of 135,806 shares, compared to its average volume of 5,299,083. The firm has a market capitalization of $6.87 million, a P/E ratio of -0.02 and a beta of 2.83. The stock has a 50-day moving average of $0.99 and a 200-day moving average of $1.25. Treasure Global has a twelve month low of $0.68 and a twelve month high of $39.00.

Treasure Global (NASDAQ:TGL) last issued its quarterly earnings results on Tuesday, October 14th. The company reported ($3.36) earnings per share for the quarter. The business had revenue of $1.15 million for the quarter. Treasure Global had a negative return on equity of 34.97% and a negative net margin of 1,002.87%.

Treasure Global Company Profile

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.