Tenet Fintech Group Inc. (OTCMKTS:PKKFF – Get Free Report) was the recipient of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 25,155 shares, an increase of 54.4% from the July 15th total of 16,289 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 540,613 shares, the days-to-cover ratio is presently 0.0 days.
Tenet Fintech Group Price Performance
OTCMKTS PKKFF opened at $0.18 on Tuesday. The company has a 50-day moving average price of $0.08 and a two-hundred day moving average price of $0.06. Tenet Fintech Group has a 52 week low of $0.02 and a 52 week high of $0.18. The stock has a market cap of $73.40 million, a price-to-earnings ratio of -5.96 and a beta of 1.12. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 5.17.
Tenet Fintech Group (OTCMKTS:PKKFF – Get Free Report) last released its quarterly earnings results on Wednesday, June 24th. The company reported ($0.02) earnings per share for the quarter. The business had revenue of $8.41 million for the quarter. Tenet Fintech Group had a negative net margin of 29.06% and a negative return on equity of 563.34%.
Tenet Fintech Group Company Profile
Tenet Fintech Group Inc, through its subsidiaries, provides various analytics and AI-based services to small-and-medium businesses and financial institutions. It offers Business Hub, a global ecosystem where analytics and AI are used to create opportunities and facilitate B2B transactions among its members. The company was formerly known as Peak Fintech Group Inc and changed its name to Tenet Fintech Group Inc in November 2021. Tenet Fintech Group Inc was incorporated in 2008 and is headquartered in Toronto, Canada.
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