SWK (NASDAQ:SWKH) Releases Earnings Results, Hits Expectations

SWK (NASDAQ:SWKH) released its quarterly earnings results on Wednesday. The company reported $0.94 EPS for the quarter, hitting analysts’ consensus estimates of $0.94, reports. The business had revenue of $12.36 million for the quarter, compared to analyst estimates of $9.70 million. SWK had a net margin of 26.51% and a return on equity of 5.07%.

SWK Stock Up 6.7 %

NASDAQ SWKH opened at $17.50 on Friday. The company has a market cap of $214.08 million, a price-to-earnings ratio of 18.82 and a beta of 0.40. SWK has a 1-year low of $15.14 and a 1-year high of $18.49. The company has a current ratio of 5.06, a quick ratio of 5.06 and a debt-to-equity ratio of 0.11. The company has a 50 day moving average of $16.56 and a 200-day moving average of $16.53.

About SWK

SWK Holdings Corporation, offers specialty finance and asset management services in the United States. It operates in two segments, Finance Receivables and Pharmaceutical Development. The Finance Receivables segment provides customized financing solutions to a range of life science companies, including companies in the biotechnology, medical device, medical diagnostics and related tools, animal health, and pharmaceutical industries, as well as institutions and inventors.