VCI Global (NASDAQ:VCIG) Posts Quarterly Earnings Results

VCI Global (NASDAQ:VCIG – Get Free Report) issued its earnings results on Friday. The company reported ($8.27) earnings per share for the quarter, reports. The firm had revenue of $1.28 million for the quarter.

VCI Global Trading Down 8.0%

VCIG opened at $0.25 on Friday. VCI Global has a one year low of $0.22 and a one year high of $3,195.00. The business’s fifty day moving average is $2.02 and its two-hundred day moving average is $22.79.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (d)” rating on shares of VCI Global in a research note on Monday, July 20th. One equities research analyst has rated the stock with a Sell rating. According to MarketBeat.com, VCI Global presently has a consensus rating of “Sell”.

Read Our Latest Stock Report on VCI Global

About VCI Global

(Get Free Report)

VCI Global Limited is a diversified consulting and technology company headquartered in Kuala Lumpur, Malaysia. The company provides advisory and professional services to public and private businesses, with activities spanning capital markets, corporate finance, mergers and acquisitions, fundraising, and initial public offerings.

Through its technology-related operations, VCI Global focuses on fintech, artificial intelligence, robotics, and blockchain applications. Its services and solutions are intended to support digital transformation and the development of technology-enabled businesses.

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