Netcapital (NASDAQ:NCPL) Stock Price Down 2.6% – What’s Next?

Netcapital Inc. (NASDAQ:NCPL)’s stock price fell 2.6% on Friday . The company traded as low as $1.85 and last traded at $1.89. 19,250 shares traded hands during mid-day trading, a decline of 92% from the average session volume of 231,302 shares. The stock had previously closed at $1.94.

Netcapital Stock Performance

The business’s fifty day moving average price is $1.95 and its 200-day moving average price is $1.88. The stock has a market cap of $4.14 million, a PE ratio of -0.06 and a beta of -0.39.

Netcapital (NASDAQ:NCPL) last posted its earnings results on Monday, March 17th. The company reported ($1.57) EPS for the quarter, missing analysts’ consensus estimates of ($0.70) by ($0.87). The company had revenue of $0.15 million during the quarter, compared to the consensus estimate of $1.13 million. Netcapital had a negative return on equity of 25.03% and a negative net margin of 562.71%. During the same period last year, the firm posted ($13.60) EPS.

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.