Treasure Global Inc. (NASDAQ:TGL - Get Free Report) saw a significant drop in short interest during the month of April. As of April 30th, there was short interest totalling 14,300 shares, a drop of 17.8% from the April 15th total of 17,400 shares. Approximately 2.6% of the shares of the company are sold short. Based on an average daily trading volume, of 684,000 shares, the days-to-cover ratio is presently 0.0 days.
Treasure Global Price Performance
Shares of TGL stock traded down $0.47 during trading hours on Monday, reaching $4.82. 597,598 shares of the company traded hands, compared to its average volume of 529,434. The firm has a 50-day moving average price of $4.46 and a 200 day moving average price of $8.46. The company has a market cap of $53.36 million, a P/E ratio of -1.43 and a beta of 3.20. Treasure Global has a 12-month low of $3.11 and a 12-month high of $122.50.
Treasure Global (NASDAQ:TGL - Get Free Report) last issued its earnings results on Wednesday, February 14th. The company reported ($0.21) earnings per share for the quarter, topping the consensus estimate of ($0.56) by $0.35. Treasure Global had a negative net margin of 17.50% and a negative return on equity of 723.98%. The company had revenue of $6.71 million during the quarter, compared to the consensus estimate of $18.39 million.
Treasure Global Company Profile
(
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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.
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