Tenet Fintech Group Inc. (OTCMKTS:PKKFF – Get Free Report) saw a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 85,336 shares, an increase of 438.3% from the September 15th total of 15,852 shares. Based on an average trading volume of 220,928 shares, the short-interest ratio is currently 0.4 days. Currently, 0.0% of the shares of the company are short sold.
Tenet Fintech Group Stock Performance
Shares of Tenet Fintech Group stock traded down $0.02 on Friday, hitting $0.15. The stock had a trading volume of 313,291 shares, compared to its average volume of 120,217. The stock has a market cap of $74.38 million, a price-to-earnings ratio of -7.43 and a beta of 1.17. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.01. Tenet Fintech Group has a twelve month low of $0.02 and a twelve month high of $0.20. The business’s 50 day moving average is $0.15 and its two-hundred day moving average is $0.09.
Tenet Fintech Group (OTCMKTS:PKKFF – Get Free Report) last released its quarterly earnings results on Wednesday, August 26th. The company reported $0.01 earnings per share for the quarter. Tenet Fintech Group had a negative return on equity of 157.07% and a negative net margin of 2.84%. The business had revenue of $38.13 million during the quarter.
About Tenet Fintech Group
Tenet Fintech Group Inc is a Canadian financial technology company that develops and operates digital platforms designed to connect small and medium-sized businesses with financial institutions, lenders, service providers and other commercial partners.
The company’s principal platform is the Cubeler Business Hub, an online business ecosystem intended to help companies exchange information, identify potential partners and access financial and business services. Through its technology, Tenet seeks to use business data and analytics to support commercial matchmaking, credit assessment and the delivery of financing and related services.
Tenet Fintech Group has historically focused on opportunities in Canada and China, with its business model aimed at serving small and medium-sized enterprises in those markets.
Read More
- Five stocks we like better than Tenet Fintech Group
- 3 Stocks Chopped in Half: Why These Drops May Be Structural, Not a Dip
- Home Depot and Lowe’s Hit 52-Week Lows—But Analysts Aren’t Giving Up
- Utilities Are Bouncing Back—These 2 Giants Could Signal the Next Big Sector Rally
- Q3 Earnings Could Blow Past Consensus—Be Ready for What Comes Next
Receive News & Ratings for Tenet Fintech Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tenet Fintech Group and related companies with MarketBeat.com's FREE daily email newsletter.
