Upexi (NASDAQ:UPXI – Get Free Report) issued its quarterly earnings results on Thursday. The company reported ($2.20) EPS for the quarter, missing the consensus estimate of ($0.09) by ($2.11), FiscalAI reports. Upexi had a negative return on equity of 66.70% and a negative net margin of 874.00%.The firm had revenue of $6.52 million for the quarter, compared to analysts’ expectations of $7.00 million.
Upexi Stock Performance
Shares of NASDAQ UPXI traded up $0.01 during trading hours on Thursday, reaching $1.05. The stock had a trading volume of 3,743,960 shares, compared to its average volume of 3,716,827. The firm has a market cap of $83.03 million, a price-to-earnings ratio of -1.70 and a beta of -0.21. The company has a current ratio of 1.72, a quick ratio of 1.72 and a debt-to-equity ratio of 2.96. Upexi has a fifty-two week low of $0.54 and a fifty-two week high of $7.75. The firm has a 50-day moving average of $0.91 and a 200-day moving average of $1.03.
Wall Street Analyst Weigh In
Several research analysts have recently commented on UPXI shares. Wall Street Zen raised shares of Upexi from a “sell” rating to a “hold” rating in a research note on Saturday, September 12th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Upexi in a research note on Friday, September 4th. Finally, Cantor Fitzgerald increased their target price on shares of Upexi from $1.30 to $2.00 and gave the stock an “overweight” rating in a report on Thursday, September 10th. One analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat, Upexi presently has an average rating of “Hold” and an average target price of $5.00.
About Upexi
Upexi, Inc (NASDAQ: UPXI) is a consumer products company that develops, acquires and manages a portfolio of brands sold through e-commerce and other retail channels. Its business focuses on building products with recurring consumer demand and expanding their distribution across marketplaces, direct-to-consumer websites and brick-and-mortar retail.
The company’s portfolio has included brands in categories such as health and wellness, food and beverage, beauty, household products and pet care.
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