Tenet Fintech Group (OTCMKTS:PKKFF) Announces Quarterly Earnings Results

Tenet Fintech Group (OTCMKTS:PKKFF) issued its earnings results on Wednesday. The company reported ($0.02) EPS for the quarter, Zacks reports. Tenet Fintech Group had a negative return on equity of 722.03% and a negative net margin of 1,215.85%.

Tenet Fintech Group Price Performance

Shares of Tenet Fintech Group stock traded up $0.01 during midday trading on Wednesday, hitting $0.04. 7,200 shares of the company traded hands, compared to its average volume of 46,589. The stock has a market cap of $9.79 million, a price-to-earnings ratio of -0.44 and a beta of 1.27. The company has a debt-to-equity ratio of 9.61, a quick ratio of 0.97 and a current ratio of 0.97. The firm’s fifty day moving average price is $0.05 and its 200-day moving average price is $0.05. Tenet Fintech Group has a 12 month low of $0.01 and a 12 month high of $0.11.

Tenet Fintech Group Company Profile

Tenet Fintech Group Inc, through its subsidiaries, provides various analytics and AI-based services to small-and-medium businesses and financial institutions. It offers Business Hub, a global ecosystem where analytics and AI are used to create opportunities and facilitate B2B transactions among its members. The company was formerly known as Peak Fintech Group Inc and changed its name to Tenet Fintech Group Inc in November 2021. Tenet Fintech Group Inc was incorporated in 2008 and is headquartered in Toronto, Canada.