Zedge, Inc. (NYSEAMERICAN:ZDGE – Get Free Report) announced a quarterly dividend on Monday, October 26th. Stockholders of record on Monday, November 9th will be paid a dividend of $0.02 per share on Monday, November 23rd. This represents a $0.08 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date is Monday, November 9th.
Zedge Stock Performance
Shares of Zedge stock opened at $2.24 on Friday. The company has a 50-day simple moving average of $2.84 and a two-hundred day simple moving average of $3.01. The company has a market capitalization of $33.60 million, a PE ratio of -111.94 and a beta of 1.32. Zedge has a one year low of $2.13 and a one year high of $4.70.
Zedge (NYSEAMERICAN:ZDGE – Get Free Report) last posted its earnings results on Monday, October 26th. The company reported $0.04 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.02. The firm had revenue of $7.77 million during the quarter, compared to the consensus estimate of $7.20 million. Zedge had a negative net margin of 0.41% and a positive return on equity of 13.19%. On average, equities analysts predict that Zedge will post 0.12 earnings per share for the current fiscal year.
About Zedge
Zedge, Inc (NYSE American: ZDGE) operates a mobile-first digital content platform that enables users to discover, customize and share content for smartphones and other personal devices. Its principal consumer product is the Zedge app, which offers wallpapers, video wallpapers, ringtones, notification sounds, stickers and other personalization content.
The company provides both free and premium content, with offerings from independent creators as well as technology-assisted and user-generated content.
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