Onfolio (NASDAQ:ONFO – Get Free Report) was downgraded by equities research analysts at Wall Street Zen to a “strong sell” rating in a research note issued on Saturday.
Separately, Weiss Ratings upgraded Onfolio from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Thursday, May 28th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has an average rating of “Sell”.
Read Our Latest Report on Onfolio
Onfolio Stock Performance
Onfolio (NASDAQ:ONFO – Get Free Report) last posted its earnings results on Friday, May 15th. The company reported ($16.00) EPS for the quarter, missing analysts’ consensus estimates of ($5.50) by ($10.50). The firm had revenue of $1.87 million for the quarter, compared to analyst estimates of $1.68 million. Onfolio had a negative return on equity of 80.51% and a negative net margin of 44.11%.
Onfolio Company Profile
Onfolio Holdings, Inc acquires and develops internet businesses. It provides website management, digital, advertising, and content placement services on its websites; and product sales on various sites. The company was founded in 2019 and is based in Wilmington, Delaware.
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