Locafy (NASDAQ:LCFY – Get Free Report) released its quarterly earnings data on Friday. The company reported ($0.28) earnings per share for the quarter, Zacks reports.
Locafy Stock Down 1.2%
Shares of LCFY traded down $0.05 during mid-day trading on Friday, hitting $3.69. 3,192 shares of the company’s stock traded hands, compared to its average volume of 379,734. Locafy has a 1 year low of $2.50 and a 1 year high of $13.98. The firm has a market capitalization of $6.65 million, a P/E ratio of -3.55 and a beta of 1.61. The business’s 50-day moving average price is $4.09 and its 200-day moving average price is $3.92.
Insider Buying and Selling
In other Locafy news, COO Jason Dale Jackson purchased 9,285 shares of the company’s stock in a transaction that occurred on Thursday, April 2nd. The stock was bought at an average price of $4.20 per share, with a total value of $38,997.00. Following the completion of the purchase, the chief operating officer directly owned 11,050 shares of the company’s stock, valued at $46,410. The trade was a 526.06% increase in their position. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. 28.70% of the stock is owned by insiders.
About Locafy
Locafy (NASDAQ:LCFY) is a technology company that offers a cloud-based software platform designed to streamline and automate local search marketing for multi-location businesses. Through its SaaS solution, Locafy enables brands to create, manage and optimize location-specific web pages and digital assets at scale, ensuring consistent and accurate information across search engines and online directories.
The Locafy platform leverages machine learning and automation to generate on-page SEO content, manage business listings and track local search performance.
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