Netcapital (NASDAQ:NCPL) Releases Earnings Results

Netcapital (NASDAQ:NCPL) announced its earnings results on Monday. The company reported ($1.57) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.70) by ($0.87), Zacks reports. Netcapital had a negative return on equity of 25.03% and a negative net margin of 562.71%.

Netcapital Trading Down 1.1 %

Shares of NCPL traded down $0.02 on Monday, reaching $1.88. 37,679 shares of the company’s stock were exchanged, compared to its average volume of 226,676. The stock has a market capitalization of $3.46 million, a P/E ratio of -0.06 and a beta of -0.48. The business has a 50 day moving average price of $2.05 and a two-hundred day moving average price of $1.97. Netcapital has a 12 month low of $1.41 and a 12 month high of $22.85.

Netcapital Company Profile

Netcapital Inc operates as a fintech company. It offers Netcapital.com, an SEC-registered funding portal that enables private companies to raise capital online, as well as allows investors to invest from anywhere in the world. The company also provides various services, including automated onboarding process and filing of required regulatory documents; compliance review; custom-built offering page on its portal website; third party transfer agent and custodial services; and rolling closes which provides access to liquidity before final close date of offerings, as well as assistance with annual fillings and direct access to team for ongoing support.