Netcapital (NASDAQ:NCPL) Trading 4.4% Higher – Time to Buy?

Netcapital Inc. (NASDAQ:NCPL)’s share price rose 4.4% on Monday . The company traded as high as $1.90 and last traded at $1.90. Approximately 89,015 shares traded hands during mid-day trading, a decline of 54% from the average daily volume of 191,971 shares. The stock had previously closed at $1.82.

Netcapital Trading Up 1.1 %

The company’s fifty day moving average is $1.94 and its 200-day moving average is $2.73. The firm has a market capitalization of $3.46 million, a P/E ratio of -0.06 and a beta of -0.46.

Netcapital (NASDAQ:NCPL) last released its quarterly earnings results on Monday, December 16th. The company reported ($2.34) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($1.40) by ($0.94). Netcapital had a negative net margin of 562.71% and a negative return on equity of 25.03%.

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.