Kaspien (NASDAQ:KSPN) announced its earnings results on Monday. The company reported $0.03 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.47) by $0.50, MarketWatch Earnings reports. Kaspien had a net margin of 0.06% and a return on equity of 2.52%. During the same quarter in the previous year, the business posted ($0.49) EPS.
KSPN stock traded up $0.11 during mid-day trading on Wednesday, reaching $20.25. 4,524 shares of the stock traded hands, compared to its average volume of 20,859. Kaspien has a one year low of $7.03 and a one year high of $63.10. The stock has a market capitalization of $50.38 million, a PE ratio of 92.05 and a beta of 0.18. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.91 and a current ratio of 2.97. The business has a 50-day moving average price of $20.35 and a two-hundred day moving average price of $23.10.
Separately, Zacks Investment Research raised Kaspien from a “sell” rating to a “hold” rating in a research note on Tuesday, August 17th.
Kaspien Holdings, Inc engages in the retail of entertainment products. It operates through the FYE and etailz segments. The FYE segment includes retail stores and e-commerce sites, which sell entertainment products including trend, video, music, electronics, and related products in the United States.
Featured Article: What is a Reverse Stock Split?
Receive News & Ratings for Kaspien Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kaspien and related companies with MarketBeat.com's FREE daily email newsletter.