Media headlines about Net Element (NASDAQ:NETE) have trended somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Net Element earned a daily sentiment score of 0.14 on Accern’s scale. Accern also gave media coverage about the company an impact score of 47.0070221206534 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Separately, ValuEngine raised Net Element from a “sell” rating to a “hold” rating in a research note on Friday, October 6th.
Net Element (NASDAQ:NETE) opened at $5.14 on Friday. The company has a current ratio of 0.61, a quick ratio of 0.61 and a debt-to-equity ratio of 3.47. Net Element has a 12 month low of $2.60 and a 12 month high of $15.40.
Net Element (NASDAQ:NETE) last posted its quarterly earnings data on Tuesday, November 14th. The company reported ($0.90) EPS for the quarter, missing the consensus estimate of ($0.56) by ($0.34). Net Element had a negative return on equity of 205.76% and a negative net margin of 14.44%. The company had revenue of $14.90 million during the quarter, compared to the consensus estimate of $16.60 million. analysts predict that Net Element will post -3.59 EPS for the current year.
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About Net Element
Net Element, Inc operates as a financial technology and value-added solutions company worldwide. It operates in three segments: North America Transaction Solutions, Mobile Solutions, and Online Solutions. The North America Transaction Solutions segment provides technology and services that businesses require to accept cashless transaction for retail card-present, e-commerce, or card-not-present mail order/telephone order transactions; and Aptito, a cloud-based point of sale (POS) platform, which includes hospitality, mobile POS, and small to medium sized business retail POS applications, as well as offers mobile payment and merchant back office reporting services, and merchant performance analytical tools.
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