Netcapital (NASDAQ:NCPL) Posts Quarterly Earnings Results, Misses Estimates By $0.87 EPS

Netcapital (NASDAQ:NCPL) posted its quarterly earnings data on Monday. The company reported ($1.57) earnings per share (EPS) for the quarter, missing the consensus estimate 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 Price Performance

Shares of Netcapital stock traded down $0.02 during trading on Monday, hitting $1.88. 37,679 shares of the company’s stock traded hands, compared to its average volume of 226,676. The firm’s fifty day moving average price is $2.05 and its 200 day moving average price is $1.97. Netcapital has a twelve month low of $1.41 and a twelve month high of $22.85. The company has a market cap of $3.46 million, a PE ratio of -0.06 and a beta of -0.48.

About Netcapital

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.