Netcapital (NASDAQ:NCPL) Announces Earnings Results, Misses Estimates By $4.48 EPS

Netcapital (NASDAQ:NCPL) released its quarterly earnings results on Monday. The company reported ($5.10) EPS for the quarter, missing analysts’ consensus estimates of ($0.62) by ($4.48), Yahoo Finance reports. Netcapital had a negative return on equity of 12.80% and a negative net margin of 100.71%.

Netcapital Price Performance

NCPL opened at $2.88 on Tuesday. Netcapital has a 1-year low of $2.30 and a 1-year high of $47.59. The company has a market capitalization of $57.63 million, a price-to-earnings ratio of -57.60 and a beta of -0.56. The business has a 50 day moving average price of $4.32 and a two-hundred day moving average price of $7.31.

Netcapital Company Profile

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.