Beneficient (NASDAQ:BENF – Get Free Report) released its quarterly earnings results on Tuesday. The company reported ($0.85) earnings per share for the quarter, Zacks reports. The firm had revenue of ($12.62) million during the quarter.
Beneficient Trading Up 206.0%
NASDAQ BENF opened at $1.49 on Thursday. Beneficient has a 12 month low of $0.22 and a 12 month high of $2.36. The company’s 50 day simple moving average is $0.50 and its 200 day simple moving average is $0.37.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Beneficient in a report on Tuesday, October 14th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has an average rating of “Sell”.
About Beneficient
Beneficient, a technology-enabled financial services company, provides liquidity solutions and related trustee, custody and trust administrative services to participants in the alternative asset industry in the United States. It operates through Ben Liquidity, Ben Custody, and Customer ExAlt Trusts segments.
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