Treasure Global (NASDAQ:TGL) Issues Earnings Results

Treasure Global (NASDAQ:TGL) posted its quarterly earnings data on Friday. The company reported ($0.31) earnings per share (EPS) for the quarter, Zacks reports. Treasure Global had a negative net margin of 1,002.87% and a negative return on equity of 34.97%. The company had revenue of $0.18 million for the quarter.

Treasure Global Stock Performance

Shares of NASDAQ:TGL traded up $0.00 during midday trading on Friday, hitting $0.78. The company’s stock had a trading volume of 4,271,718 shares, compared to its average volume of 5,241,346. The company has a market cap of $6.62 million, a P/E ratio of -0.02 and a beta of 2.83. Treasure Global has a 12-month low of $0.68 and a 12-month high of $39.00. The business’s 50 day simple moving average is $0.98 and its 200 day simple moving average is $1.20.

Analysts Set New Price Targets

Several research firms recently weighed in on TGL. Weiss Ratings restated a “sell (e+)” rating on shares of Treasure Global in a research report on Friday, October 31st. Wall Street Zen lowered Treasure Global from a “hold” rating to a “sell” rating in a research note on Saturday, November 8th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has a consensus rating of “Sell”.

About Treasure Global

Treasure Global Inc offers e-commerce activities through its platform. Its platform provides consumers and merchants instant rebates and affiliate cashback programs, while providing a seamless e-payment solution with rebates in both e-commerce and physical retailers/merchant settings. The company offers ZCITY App, a payment gateway platform.