MoneyHero (NASDAQ:MNY) Trading Up 7.2% – Time to Buy?

Shares of MoneyHero Limited (NASDAQ:MNY) shot up 7.2% on Tuesday . The stock traded as high as $0.79 and last traded at $0.77. 29,630 shares were traded during mid-day trading, a decline of 79% from the average session volume of 140,185 shares. The stock had previously closed at $0.72.

MoneyHero Stock Performance

The company has a fifty day simple moving average of $0.76 and a two-hundred day simple moving average of $0.98. The firm has a market capitalization of $29.76 million, a PE ratio of -0.23 and a beta of 1.24.

MoneyHero (NASDAQ:MNY) last released its quarterly earnings data on Tuesday, April 29th. The company reported ($0.50) earnings per share for the quarter. MoneyHero had a negative return on equity of 170.98% and a negative net margin of 126.29%. The business had revenue of $15.72 million during the quarter. On average, equities analysts anticipate that MoneyHero Limited will post -0.41 earnings per share for the current fiscal year.

MoneyHero Company Profile

MoneyHero Limited operates as a personal finance company. It engages in operation of online financial comparison platforms and related services. The company offers its products under Money Hero, SingSaver, Money101, MoneyMax, CompareHero, Seedly, and Creatory brands. MoneyHero Limited operates in Singapore, Hong Kong, Taiwan, the Philippines, Malaysia, and Thailand.