Zedge, Inc. (NASDAQ:ZDGE) Director Howard S. Jonas bought 25,871 shares of the business’s stock in a transaction on Friday, October 14th. The shares were bought at an average cost of $2.75 per share, for a total transaction of $71,145.25. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
Shares of Zedge, Inc. (NASDAQ:ZDGE) traded up 6.47% on Wednesday, reaching $3.29. The company’s stock had a trading volume of 61,233 shares. Zedge, Inc. has a 12 month low of $2.56 and a 12 month high of $6.69. The firm has a market cap of $30.74 million and a price-to-earnings ratio of 29.91. The stock has a 50 day moving average of $3.74 and a 200-day moving average of $4.09.
Zedge (NASDAQ:ZDGE) last issued its quarterly earnings data on Thursday, September 29th. The company reported ($0.08) earnings per share (EPS) for the quarter. The company earned $2.50 million during the quarter.
Zedge, Inc (Zedge) provides content distribution platforms for both creators and consumers. The Company’s platform enables consumers to personalize their mobile devices with ringtones, wallpapers, home screen application icons and notification sounds. The Company’s smartphone application is available in Google Play, iTunes and Microsoft Market application stores.
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