Benev Capital (OTCMKTS:BEVFF) Stock Price Down 4.8% - Here's What Happened

Key Points

• Benev Capital's stock price fell by 4.8%, trading as low as $2.25 before settling at $2.40 during the latest trading session.
• The company reported Q2 earnings per share (EPS) of $0.04, missing expectations of $0.05 and generating revenues of $14.09 million against an estimate of $18.70 million.
• Benev Capital has a market capitalization of $407.69 million and maintains a debt-to-equity ratio of 0.99.

Benev Capital Inc. (OTCMKTS:BEVFF - Get Free Report)'s share price fell 4.8% during trading on Monday . The stock traded as low as $2.25 and last traded at $2.40. 2,602 shares changed hands during mid-day trading, a decline of 26% from the average session volume of 3,502 shares. The stock had previously closed at $2.52.

Benev Capital Stock Down 4.8%

The company has a debt-to-equity ratio of 0.99, a current ratio of 0.95 and a quick ratio of 0.95. The company has a market capitalization of $407.69 million, a P/E ratio of 20.00 and a beta of 0.91. The stock has a 50-day moving average price of $2.57 and a 200-day moving average price of $2.31.

Benev Capital (OTCMKTS:BEVFF - Get Free Report) last issued its quarterly earnings data on Wednesday, August 6th. The company reported $0.04 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.05 by ($0.01). Benev Capital had a return on equity of 11.86% and a net margin of 41.88%.The company had revenue of $14.09 million for the quarter, compared to the consensus estimate of $18.70 million.

Benev Capital Company Profile

Diversified Royalty Corp., a multi-royalty corporation, engages in the acquisition of royalties from multi-location businesses and franchisors in North America. It owns the Sutton, Mr. Lube + Tires, AIR MILES, Mr. Mikes, Nurse Next Door, Oxford Learning Centres, Stratus Building Solutions, and BarBurrito trademarks.

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