Netcapital (NASDAQ:NCPL) Posts Quarterly Earnings Results, Misses Expectations By $0.94 EPS

Netcapital (NASDAQ:NCPL) issued its quarterly earnings results on Monday. The company reported ($2.34) earnings per share for the quarter, missing analysts’ consensus estimates of ($1.40) by ($0.94), Zacks reports. Netcapital had a negative net margin of 196.48% and a negative return on equity of 18.14%.

Netcapital Stock Up 2.0 %

Shares of NASDAQ:NCPL traded up $0.04 during mid-day trading on Monday, reaching $2.05. 205,376 shares of the stock were exchanged, compared to its average volume of 201,877. The stock’s 50 day simple moving average is $1.76 and its 200-day simple moving average is $3.82. Netcapital has a one year low of $1.41 and a one year high of $34.23. The company has a market cap of $2.22 million, a P/E ratio of -0.08 and a beta of -0.32.

About Netcapital

Netcapital Inc operates as a fintech company. It offers Netcapital.com, an SEC-registered funding portal that enables private companies to raise capital online, as well as allows investors to invest from anywhere in the world. The company also provides various services, including automated onboarding process and filing of required regulatory documents; compliance review; custom-built offering page on its portal website; third party transfer agent and custodial services; and rolling closes which provides access to liquidity before final close date of offerings, as well as assistance with annual fillings and direct access to team for ongoing support.