THUMZUP MEDIA (NASDAQ:DTCX) Posts Earnings Results

THUMZUP MEDIA (NASDAQ:DTCX) released its earnings results on Tuesday. The company reported ($0.06) earnings per share for the quarter, Zacks reports. THUMZUP MEDIA had a negative return on equity of 27.02% and a negative net margin of 195.52%.

THUMZUP MEDIA Stock Performance

Shares of NASDAQ:DTCX traded down $0.08 on Tuesday, hitting $0.94. 76,040 shares of the company’s stock were exchanged, compared to its average volume of 309,806. The firm’s 50-day moving average is $1.65 and its 200 day moving average is $2.07. The company has a market capitalization of $44.50 million, a PE ratio of -0.85 and a beta of 0.93. THUMZUP MEDIA has a 1-year low of $0.90 and a 1-year high of $5.18.

Wall Street Analyst Weigh In

Separately, Weiss Ratings cut shares of THUMZUP MEDIA from a “sell (d-)” rating to a “sell (e-)” rating in a report on Thursday, October 8th. One research analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the company has a consensus rating of “Sell”.

About THUMZUP MEDIA

Thumzup Media Corporation develops a social media marketing platform designed to help businesses generate user-created promotional content. Through its Thumzup application, advertisers can create campaigns and offer rewards to users who post about participating brands on social media, subject to the company’s campaign terms and approval processes. The company’s platform is intended to connect advertisers with consumers through authentic, word-of-mouth-style recommendations. Its services include tools for launching and managing campaigns, monitoring user participation, and facilitating rewards for eligible social media posts.