Treasure Global Inc. (NASDAQ:TGL - Get Free Report) was the target of a significant decrease in short interest in April. As of April 15th, there was short interest totalling 17,400 shares, a decrease of 84.9% from the March 31st total of 115,500 shares. Based on an average daily volume of 682,800 shares, the days-to-cover ratio is currently 0.0 days. Currently, 3.8% of the company's stock are short sold.
Treasure Global Stock Down 4.0 %
Treasure Global stock traded down $0.20 during mid-day trading on Thursday, hitting $4.79. The company had a trading volume of 10,303 shares, compared to its average volume of 585,541. The stock has a market cap of $53.03 million, a price-to-earnings ratio of -1.43 and a beta of 3.35. Treasure Global has a 1 year low of $3.11 and a 1 year high of $161.00. The business has a fifty day moving average of $4.48 and a 200 day moving average of $9.94.
Treasure Global (NASDAQ:TGL - Get Free Report) last announced its quarterly earnings results on Wednesday, February 14th. The company reported ($0.21) EPS for the quarter, beating the consensus estimate of ($0.56) by $0.35. The company had revenue of $6.71 million for the quarter, compared to analyst estimates of $18.39 million. Treasure Global had a negative net margin of 17.50% and a negative return on equity of 723.98%.
Insider Transactions at Treasure Global
In other Treasure Global news, CEO Chong Chan Teo purchased 16,714 shares of Treasure Global stock in a transaction dated Friday, February 2nd. The shares were acquired at an average price of $5.60 per share, with a total value of $93,598.40. Following the completion of the transaction, the chief executive officer now owns 56,478 shares of the company's stock, valued at $316,276.80. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 5.17% of the company's stock.
About Treasure Global
(
Get Free Report)
Treasure Global Inc offers e-commerce activities through its platform. Its platform provides consumers and merchants instant rebates and affiliate cashback programs, while providing a seamless e-payment solution with rebates in both e-commerce and physical retailers/merchant settings. The company offers ZCITY App, a payment gateway platform.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Treasure Global, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Treasure Global wasn't on the list.
While Treasure Global currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?
Get This Free Report
