Wright Investors’ Service (OTCMKTS:IWSH) Posts Quarterly Earnings Results

Wright Investors’ Service (OTCMKTS:IWSH) released its earnings results on Friday. The company reported ($0.01) earnings per share for the quarter, Zacks reports.

Wright Investors’ Service Stock Performance

Wright Investors’ Service stock remained flat at $0.18 during midday trading on Friday. 5,000 shares of the company were exchanged, compared to its average volume of 1,298. Wright Investors’ Service has a 1 year low of $0.09 and a 1 year high of $0.23. The firm has a market cap of $3.71 million, a price-to-earnings ratio of -4.50 and a beta of 0.26. The firm has a fifty day moving average of $0.19 and a two-hundred day moving average of $0.17.

Wright Investors’ Service Company Profile

Wright Investors' Service Holdings, Inc does not have significant operations. It intends to evaluate and explore strategic options, which includes acquisition of an investment advisory business and financial services business, as well as invests in other businesses. The company was formerly known as National Patent Development Corporation.