3 E Network Technology Group (NASDAQ:MASK – Get Free Report) released its earnings results on Wednesday. The company reported ($0.18) earnings per share for the quarter, FiscalAI reports. The company had revenue of $1.86 million for the quarter.
3 E Network Technology Group Price Performance
Shares of NASDAQ:MASK opened at $1.38 on Thursday. The company’s 50-day moving average price is $1.89 and its two-hundred day moving average price is $5.32. 3 E Network Technology Group has a one year low of $1.19 and a one year high of $95.50.
Analyst Upgrades and Downgrades
Several analysts have recently weighed in on MASK shares. Wall Street Zen raised shares of 3 E Network Technology Group to a “hold” rating in a report on Saturday, March 21st. Weiss Ratings raised shares of 3 E Network Technology Group from a “sell (d-)” rating to a “sell (d)” rating in a report on Thursday, May 7th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, 3 E Network Technology Group has a consensus rating of “Sell”.
Institutional Investors Weigh In On 3 E Network Technology Group
A hedge fund recently bought a new stake in 3 E Network Technology Group stock. L1 Global Manager Pty Ltd bought a new position in shares of 3 E Network Technology Group Ltd (NASDAQ:MASK – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 1,248,611 shares of the company’s stock, valued at approximately $300,000. L1 Global Manager Pty Ltd owned approximately 5.38% of 3 E Network Technology Group as of its most recent filing with the Securities & Exchange Commission.
3 E Network Technology Group Company Profile
3 E Network Technology Group Ltd. operates as a holding company, which engages in the provision of business-to-business information technology business solutions. It offers business solutions to a variety of industries and sectors, including food establishments, real estate, exhibition and conferencing, and clean energy utilities. The company was founded on October 6, 2021 and is headquartered in Guangzhou, China.
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