Netcapital (NASDAQ:NCPL) Announces Quarterly Earnings Results, Misses Estimates By $0.87 EPS

Netcapital (NASDAQ:NCPL) released its quarterly earnings results on Monday. The company reported ($1.57) EPS for the quarter, missing the consensus estimate of ($0.70) by ($0.87), Zacks reports. Netcapital had a negative return on equity of 25.03% and a negative net margin of 562.71%.

Netcapital Stock Down 1.1 %

Shares of NCPL traded down $0.02 during trading on Monday, reaching $1.88. The company’s stock had a trading volume of 37,369 shares, compared to its average volume of 226,674. The company has a fifty day moving average of $2.05 and a two-hundred day moving average of $1.97. Netcapital has a twelve month low of $1.41 and a twelve month high of $22.85. The company has a market cap of $3.46 million, a price-to-earnings ratio of -0.06 and a beta of -0.48.

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.