Onfolio (NASDAQ:ONFO) Releases Earnings Results

Onfolio (NASDAQ:ONFO) posted its earnings results on Friday. The company reported ($0.16) EPS for the quarter, Zacks reports. The business had revenue of $2.74 million during the quarter. Onfolio had a negative net margin of 16.37% and a negative return on equity of 38.18%.

Onfolio Stock Performance

NASDAQ ONFO traded down $0.09 during trading hours on Friday, hitting $1.02. The company had a trading volume of 34,311 shares, compared to its average volume of 56,678. The business has a 50 day moving average of $1.11 and a 200-day moving average of $1.07. The company has a market cap of $5.23 million, a PE ratio of -2.49 and a beta of 2.56. Onfolio has a 1-year low of $0.61 and a 1-year high of $1.95. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.49 and a current ratio of 0.50.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Onfolio in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has an average rating of “Sell”.

About Onfolio

Onfolio Holdings, Inc acquires and develops internet businesses. It provides website management, digital, advertising, and content placement services on its websites; and product sales on various sites. The company was founded in 2019 and is based in Wilmington, Delaware.