OBOOK (NASDAQ:OWLS) Announces Quarterly Earnings Results

OBOOK (NASDAQ:OWLSGet Free Report) issued its quarterly earnings results on Saturday. The company reported ($0.12) earnings per share for the quarter, FiscalAI reports. The company had revenue of $1.94 million for the quarter.

OBOOK Stock Performance

Shares of OWLS opened at $5.63 on Monday. OBOOK has a 12-month low of $5.10 and a 12-month high of $90.00. The stock has a 50-day moving average price of $5.54 and a 200-day moving average price of $5.75.

Hedge Funds Weigh In On OBOOK

An institutional investor recently bought a new stake in OBOOK stock. Geode Capital Management LLC bought a new position in OBOOK Holdings Inc. (NASDAQ:OWLSFree Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 36,325 shares of the company’s stock, valued at approximately $243,000.

Analyst Ratings Changes

Separately, Weiss Ratings raised OBOOK from a “sell (e+)” rating to a “sell (d-)” rating in a report on Thursday, August 6th. One analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $11.00.

Read Our Latest Report on OWLS

About OBOOK

(Get Free Report)

Our mission is to use blockchain technology to provide businesses with more reliable and transparent data management, to reinvent global flow of funds for businesses and consumers and to lead the digital transformation of business operations. We believe in the power of blockchain technology and have focused on leveraging it to optimize and in some cases transform the way enterprises operate. Established in 2010 in Taiwan, we operate as the OwlTing Group and have delivered solutions to various industries and are expanding actively into multiple markets including the United States, Japan, Singapore, Hong Kong, Malaysia and Thailand, as well as jurisdictions in South America and the EU.

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