Global Engine Group (NASDAQ:GLE) Posts Quarterly Earnings Results

Global Engine Group (NASDAQ:GLE) posted its quarterly earnings data on Thursday. The company reported ($0.35) earnings per share (EPS) for the quarter, reports. The business had revenue of $0.95 million during the quarter.

Global Engine Group Price Performance

NASDAQ GLE traded up $0.32 on Friday, hitting $2.60. 29,360 shares of the company traded hands, compared to its average volume of 303,920. Global Engine Group has a 52-week low of $1.42 and a 52-week high of $10.80. The business’s 50 day moving average price is $4.50 and its 200-day moving average price is $4.13.

Analyst Ratings Changes

Separately, Weiss Ratings downgraded shares of Global Engine Group from a “sell (d)” rating to a “sell (d-)” rating in a research report on Monday. One investment analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the company has a consensus rating of “Sell”.

About Global Engine Group

Global Engine Group Holding Limited provides integrated solutions in the information communication technologies (ICT), system integration, and other technical consultation service areas in Hong Kong. The company offers ICT solution services, including cloud platform deployment, IT system design, configuration, maintenance, and data center colocation and cloud services; technical services, such as technical development, support, and outsourcing services for data center and cloud computing infrastructure, mobility and fixed network communications, and Internet-of-things (IoT) projects; and project management services.