Treasure Global (NASDAQ:TGL) Issues Quarterly Earnings Results

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

Treasure Global Stock Performance

Treasure Global stock traded up $0.00 during trading hours on Friday, reaching $0.78. 4,271,718 shares of the stock were exchanged, compared to its average volume of 5,241,346. Treasure Global has a 52-week low of $0.68 and a 52-week high of $39.00. The stock has a market cap of $6.62 million, a P/E ratio of -0.02 and a beta of 2.83. The firm’s 50 day moving average is $0.98 and its 200 day moving average is $1.20.

Wall Street Analysts Forecast Growth

TGL has been the topic of a number of research reports. Weiss Ratings restated a “sell (e+)” rating on shares of Treasure Global in a research report on Friday, October 31st. Wall Street Zen cut shares of Treasure Global from a “hold” rating to a “sell” rating in a research note on Saturday, November 8th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

Treasure Global Company Profile

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.