NextPlat (NASDAQ:NXPL) Issues Quarterly Earnings Results

NextPlat (NASDAQ:NXPL) announced its quarterly earnings results on Monday. The company reported ($0.10) earnings per share (EPS) for the quarter, Zacks reports. NextPlat had a negative net margin of 19.11% and a positive return on equity of 14.24%.

NextPlat Stock Performance

NextPlat stock traded down $0.07 during mid-day trading on Monday, hitting $0.95. 44,565 shares of the company’s stock traded hands, compared to its average volume of 350,085. The firm has a 50 day simple moving average of $1.03 and a two-hundred day simple moving average of $1.11. NextPlat has a fifty-two week low of $0.71 and a fifty-two week high of $2.68. The stock has a market cap of $24.66 million, a price-to-earnings ratio of -1.40 and a beta of 0.79. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.70 and a quick ratio of 3.04.

About NextPlat

NextPlat Corp operates as a healthcare and e-commerce company in Europe, North America, South America, the Asia and Pacific, and Africa. The company operates full-service retail specialty services pharmacies that provides prescription pharmaceuticals prescription pharmaceuticals, third-party administration, risk and data management services, compounded medications, tele-pharmacy services, anti-retroviral medications, medication therapy management, contracted pharmacy services, and health practice risk management to healthcare organizations and providers, as well as supplies prescription medications to long-term care facilities.