Victory Square Technologies (OTCMKTS:VSQTF) Shares Down 5.3% – Here’s What Happened

Victory Square Technologies Inc. (OTCMKTS:VSQTF) shares were down 5.3% during mid-day trading on Friday . The company traded as low as $0.16 and last traded at $0.16. Approximately 111,075 shares changed hands during mid-day trading, a decline of 66% from the average daily volume of 324,332 shares. The stock had previously closed at $0.17.

Victory Square Technologies Stock Performance

The business’s fifty day moving average is $0.22 and its 200-day moving average is $0.13. The company has a quick ratio of 0.24, a current ratio of 0.26 and a debt-to-equity ratio of 0.01. The company has a market cap of $15.47 million, a PE ratio of -16.10 and a beta of 1.19.

Victory Square Technologies (OTCMKTS:VSQTF) last issued its quarterly earnings results on Friday, November 29th. The company reported $0.08 earnings per share for the quarter. Victory Square Technologies had a negative net margin of 10.47% and a negative return on equity of 137.61%.

About Victory Square Technologies

Victory Square Technologies Inc is a private equity and venture capital firm specializing in incubation, acquisition and invests in startups, Early stage and provides the senior leadership and resources needed to growth. Through its portfolio companies it focuses on technologies in blockchain, digital health, web3, creator economy, metaverse, machine learning, climate tech, youth, mental health, healthcare, special needs, technology, First Nation, artificial intelligence, and virtual reality/augmented reality, health, mobile gaming, film, esports, cannabis, and education.