SHF (NASDAQ:SHFS – Get Free Report) released its quarterly earnings data on Wednesday. The company reported ($0.79) earnings per share (EPS) for the quarter, Zacks reports. SHF had a negative net margin of 480.80% and a negative return on equity of 417.35%.
SHF Trading Down 23.3%
Shares of SHFS stock opened at $1.55 on Thursday. The business’s fifty day simple moving average is $4.04 and its 200-day simple moving average is $3.17. The company has a market cap of $4.53 million, a PE ratio of -6.46 and a beta of 0.84. SHF has a 12-month low of $1.52 and a 12-month high of $10.53.
Analyst Ratings Changes
Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of SHF in a research report on Tuesday. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has a consensus rating of “Sell”.
About SHF
SHF Holdings, Inc, through its subsidiaries, provides access to banking, lending, and other financial services to financial institutions serving the cannabis industry. The company, through its proprietary platform, offers access to business checking and savings accounts, cash management accounts, savings and investment options, commercial lending, courier services, remote deposit services, automated clearing house payments and origination, and wire payments.
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