Upexi (NASDAQ:UPXI) Announces Earnings Results

Upexi (NASDAQ:UPXI) released its earnings results on Thursday. The company reported ($1.55) earnings per share (EPS) for the quarter, Zacks reports. Upexi had a negative net margin of 28.34% and a negative return on equity of 54.97%.

Upexi Stock Performance

Shares of UPXI traded down $0.30 during trading hours on Thursday, hitting $4.13. The stock had a trading volume of 238,116 shares, compared to its average volume of 252,841. The firm has a 50-day moving average price of $4.96 and a 200 day moving average price of $5.74. Upexi has a fifty-two week low of $2.17 and a fifty-two week high of $33.00.

Upexi Company Profile

Upexi, Inc manufactures and sells various branded products in the health, wellness, pet, beauty, and other markets. The company was formerly known as Grove, Inc and changed its name to Upexi, Inc in August 2022. The company was incorporated in 2018 and is headquartered in Clearwater, Florida.