StackIt Storage (NASDAQ:STAK) Announces Earnings Results

StackIt Storage (NASDAQ:STAK) posted its quarterly earnings data on Wednesday. The company reported $0.07 earnings per share for the quarter, FiscalAI reports. The business had revenue of $9.62 million for the quarter.

StackIt Storage Price Performance

Shares of NASDAQ STAK opened at $2.36 on Thursday. StackIt Storage has a 52-week low of $0.29 and a 52-week high of $3.97. The business has a fifty day moving average of $1.03 and a two-hundred day moving average of $0.66.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on STAK shares. Wall Street Zen upgraded shares of StackIt Storage to a “hold” rating in a report on Saturday, May 2nd. Weiss Ratings began coverage on shares of StackIt Storage in a report on Wednesday, April 8th. They set a “sell (d)” rating for the company. One equities 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 StackIt Storage

Manufactured Housing Properties Inc engages in the administration and management of manufactured housing communities. The firm manufactures home sites to tenants that own manufactured home and the rental of company-owned manufactured homes to residents of the communities. Its communities are located in North Carolina, South Carolina and Tennessee. The company was founded on September 3, 2003 and is headquartered in Pineville, NC.