ValuEngine Upgrades MobileSmith (NASDAQ:NUZE) to Buy

ValuEngine upgraded shares of MobileSmith (NASDAQ:NUZE) from a hold rating to a buy rating in a research report released on Thursday morning, ValuEngine reports.

Shares of NUZE stock opened at $10.15 on Thursday. MobileSmith has a 1 year low of $5.05 and a 1 year high of $18.99. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.08 and a quick ratio of 1.78.

MobileSmith (NASDAQ:NUZE) last posted its quarterly earnings data on Thursday, May 7th. The company reported ($0.18) earnings per share for the quarter. The firm had revenue of $0.39 million during the quarter. MobileSmith had a negative return on equity of 323.25% and a negative net margin of 698.56%.

MobileSmith Company Profile

NuZee, Inc manufactures, markets, and distributes single-serve pour over coffee in North America, Japan, and South Korea. The company provides coffee products under Barista, Twin Peaks, and Pine Ranch brand names. NuZee, Inc was founded in 2011 and is headquartered in Vista, California.

Further Reading: Consumer behavior in bull markets

To view ValuEngine’s full report, visit ValuEngine’s official website.

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