Tenet Fintech Group Inc. (OTCMKTS:PKKFF – Get Free Report) was the recipient of a significant growth in short interest in July. As of July 15th, there was short interest totaling 16,289 shares, a growth of 10,275.2% from the June 30th total of 157 shares. Based on an average daily volume of 371,590 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.
Tenet Fintech Group Trading Down 21.0%
Shares of PKKFF stock opened at $0.09 on Friday. The stock’s fifty day moving average is $0.06 and its two-hundred day moving average is $0.05. The company has a debt-to-equity ratio of 5.17, a quick ratio of 1.00 and a current ratio of 1.00. The firm has a market capitalization of $32.71 million, a P/E ratio of -2.87 and a beta of 1.31. Tenet Fintech Group has a fifty-two week low of $0.02 and a fifty-two week high of $0.16.
Tenet Fintech Group (OTCMKTS:PKKFF – Get Free Report) last announced its earnings results on Wednesday, June 24th. The company reported ($0.02) earnings per share (EPS) for the quarter. Tenet Fintech Group had a negative return on equity of 563.34% and a negative net margin of 29.06%.The business had revenue of $8.41 million for the quarter.
About Tenet Fintech Group
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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