L1 Global Manager Pty Ltd Takes $300,000 Position in 3 E Network Technology Group Ltd $MASK

L1 Global Manager Pty Ltd bought a new stake in 3 E Network Technology Group Ltd (NASDAQ:MASK) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 1,248,611 shares of the company’s stock, valued at approximately $300,000. L1 Global Manager Pty Ltd owned approximately 5.38% of 3 E Network Technology Group as of its most recent filing with the SEC.

3 E Network Technology Group Stock Performance

NASDAQ MASK opened at $2.37 on Friday. 3 E Network Technology Group Ltd has a 52 week low of $1.18 and a 52 week high of $94.25. The company has a 50-day moving average price of $2.29 and a two-hundred day moving average price of $4.64.

3 E Network Technology Group (NASDAQ:MASK) last posted its earnings results on Wednesday, May 27th. The company reported ($0.18) EPS for the quarter. The business had revenue of $1.86 million for the quarter.

Wall Street Analyst Weigh In

MASK has been the topic of a number of recent analyst reports. Weiss Ratings lowered shares of 3 E Network Technology Group from a “sell (d)” rating to a “sell (d-)” rating in a research note on Tuesday, June 2nd. Wall Street Zen lowered shares of 3 E Network Technology Group from a “hold” rating to a “sell” rating in a research note on Saturday, May 30th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, 3 E Network Technology Group presently has an average rating of “Sell”.

3 E Network Technology Group Profile

3 E Network Technology Group Ltd. operates as a holding company, which engages in the provision of business-to-business information technology business solutions. It offers business solutions to a variety of industries and sectors, including food establishments, real estate, exhibition and conferencing, and clean energy utilities. The company was founded on October 6, 2021 and is headquartered in Guangzhou, China.