Treasure Global (NASDAQ:TGL – Get Free Report) issued its earnings results on Wednesday. The company reported ($2.70) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($11,200.00) by $11,197.30, Zacks reports. Treasure Global had a negative net margin of 791.30% and a negative return on equity of 97.92%. The company had revenue of $1.50 million for the quarter, compared to analysts’ expectations of $14.26 million.
Treasure Global Price Performance
NASDAQ:TGL opened at $4.07 on Friday. The company has a market capitalization of $6.84 million, a price-to-earnings ratio of -0.01 and a beta of 2.90. The business has a 50 day moving average of $4.03 and a 200 day moving average of $6.81. Treasure Global has a 1-year low of $3.40 and a 1-year high of $58.00.
Institutional Investors Weigh In On Treasure Global
An institutional investor recently bought a new position in Treasure Global stock. Schonfeld Strategic Advisors LLC purchased a new position in Treasure Global Inc. (NASDAQ:TGL – Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 19,303 shares of the company’s stock, valued at approximately $118,000. Schonfeld Strategic Advisors LLC owned 1.15% of Treasure Global as of its most recent SEC filing.
Analysts Set New Price Targets
Read Our Latest Analysis on TGL
About Treasure Global
Treasure Global Inc offers e-commerce activities through its platform. Its platform provides consumers and merchants instant rebates and affiliate cashback programs, while providing a seamless e-payment solution with rebates in both e-commerce and physical retailers/merchant settings. The company offers ZCITY App, a payment gateway platform. Treasure Global Inc was incorporated in 2020 and is based in New York, New York.
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