Sui Group (NASDAQ:SUIG) Releases Quarterly Earnings Results

Key Points

• Sui Group reported an unusual quarterly EPS of $999.00 and showed very poor profitability with a net margin of -6,795.41% and a return on equity of -141.51%.
• Shares fell to $1.61 (down $0.14) on volume of 333,223; the company has a market capitalization of $123.65 million, a negative P/E of -2.93, and a 52‑week range of $1.09–$8.66.
• Analysts are split: Cantor Fitzgerald upgraded to a “strong‑buy” while Weiss Ratings initiated coverage with a “sell (d-)”, leaving an average rating of “Moderate Buy.”

Sui Group (NASDAQ:SUIG - Get Free Report) announced its quarterly earnings results on Thursday. The company reported $999.00 earnings per share for the quarter, Zacks reports. Sui Group had a negative net margin of 6,795.41% and a negative return on equity of 141.51%.

Sui Group Stock Performance

Shares of SUIG stock traded down $0.14 during trading hours on Thursday, reaching $1.61. 333,223 shares of the company's stock were exchanged, compared to its average volume of 539,327. Sui Group has a 1 year low of $1.09 and a 1 year high of $8.66. The firm has a market capitalization of $123.65 million, a price-to-earnings ratio of -2.93 and a beta of 1.17.

Wall Street Analyst Weigh In

SUIG has been the subject of several recent analyst reports. Cantor Fitzgerald upgraded shares of Sui Group to a "strong-buy" rating in a research note on Thursday, April 9th. Weiss Ratings started coverage on shares of Sui Group in a research note on Wednesday, April 8th. They set a "sell (d-)" rating for the company. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy".

Sui Group Company Profile

Mill City Ventures III, Ltd. is a principal investment firm specializing investments in debt and equity securities of public and private companies to fund their operations whether its start-up, acquisition, or growth. It primarily focuses on investing in, lending to, and making managerial assistance available to privately held and publicly traded companies. The firm also advises its portfolio companies with regard to finance and operations. It was formerly known as Poker Magic, Inc Mill City Ventures III, Ltd.

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