Armlogi (NASDAQ:BTOC) Releases Earnings Results

Key Points

• Armlogi (NASDAQ:BTOC) reported a quarterly earnings loss of ($0.13) EPS, with a negative net margin of 5.31% and a return on equity of (28.58%).
• The company's stock price fell 8.3% to open at $1.11, with a market cap of $46.74 million and a price-to-earnings ratio of -4.83.
• Bank of America Corp DE has recently purchased a new stake in Armlogi, acquiring 6,434 shares valued at approximately $27,000.

Armlogi (NASDAQ:BTOC - Get Free Report) released its quarterly earnings results on Thursday. The company reported ($0.13) EPS for the quarter, Zacks reports. Armlogi had a negative net margin of 5.31% and a negative return on equity of 28.58%.

Armlogi Stock Down 8.3%

NASDAQ:BTOC opened at $1.11 on Thursday. Armlogi has a 12 month low of $0.80 and a 12 month high of $8.74. The firm has a market cap of $46.74 million, a price-to-earnings ratio of -4.83 and a beta of 3.21. The company's 50 day moving average is $1.43 and its 200-day moving average is $1.34.

Hedge Funds Weigh In On Armlogi

A hedge fund recently bought a new stake in Armlogi stock. Bank of America Corp DE purchased a new stake in Armlogi Holding Corp. (NASDAQ:BTOC - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 6,434 shares of the company's stock, valued at approximately $27,000.

About Armlogi

Armlogi Holding Corp. is a warehousing and logistics service provider which offers a comprehensive package of supply-chain solutions related to warehouse management and order fulfillment. Armlogi Holding Corp. is based in WALNUT, CA.

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