NASDAQ:NETE - Net Element Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$7.05 -0.85 (-10.76 %)
(As of 12/14/2018 01:24 AM ET)
Previous Close$7.90
Today's Range$6.80 - $7.90
52-Week Range$3.75 - $33.51
Volume106,668 shs
Average Volume426,563 shs
Market Capitalization$30.83 million
P/E Ratio-1.40
Dividend YieldN/A
Beta0.72
Net Element, Inc. operates as a financial technology and value-added solutions company. It operates in two segments, North American Transaction Solutions, and International Transaction Solutions. The company offers a range of payment acceptance and processing services that enable merchants of various sizes to accept and process approximately 100 payment options, including credit, debit, prepaid, and alternative payments; and value-added services and technologies, such as integrated payment technologies, point-of-sale solutions (POS), security solutions, fraud management, information solutions, and analytical tools. Its services include Unified Payments, a payment acceptance solution; Unified m-POS, an easy-to-use mobile application for small and medium sized businesses (SMB); Aptito, a cloud-based POS platform for the hospitality industry and SMB merchants; Restoactive, a visual POS integration solution for restaurants; Zero Pay, a payment acceptance program for SMB merchants; PayOnline, an integrated e-commerce and mobile payments processing platform, and fraud management system; Pay–Travel, a payment processing solutions to the travel industry; Sales Central, a cloud-based solution to enhance responsiveness of indirect non-bank sales forces and sales efficiency; Netevia, which delivers end-to-end payment processing through easy-to-use APIs; and Digital Provider, an integrated direct-carrier and mobile operator solution for smaller content providers and merchants throughout selected international markets. It operates in North America, Russia, Europe, Asia, and the Commonwealth of Independent States. The company was formerly known as Net Element International, Inc. and changed its name to Net Element, Inc. in December 2013. Net Element, Inc. was founded in 2004 and is based in North Miami Beach, Florida.

Receive NETE News and Ratings via Email

Sign-up to receive the latest news and ratings for NETE and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Data processing & preparation
Sub-IndustryN/A
SectorRetail/Wholesale
Current SymbolNASDAQ:NETE
Previous Symbol
CUSIPN/A
Phone305-507-8808

Debt

Debt-to-Equity Ratio0.51
Current Ratio0.94
Quick Ratio0.94

Price-To-Earnings

Trailing P/E Ratio-1.40
Forward P/E Ratio-6.71
P/E GrowthN/A

Sales & Book Value

Annual Sales$60.06 million
Price / Sales0.45
Cash FlowN/A
Price / Cash FlowN/A
Book Value$3.40 per share
Price / Book2.07

Profitability

EPS (Most Recent Fiscal Year)($5.04)
Net Income$-9,910,000.00
Net Margins-11.52%
Return on Equity-65.72%
Return on Assets-26.53%

Miscellaneous

Employees97
Outstanding Shares3,860,000
Market Cap$30.83 million
OptionableNot Optionable

Net Element (NASDAQ:NETE) Frequently Asked Questions

What is Net Element's stock symbol?

Net Element trades on the NASDAQ under the ticker symbol "NETE."

When did Net Element's stock split? How did Net Element's stock split work?

Net Element shares reverse split before market open on Thursday, October 5th 2017. The 1-10 reverse split was announced on Wednesday, October 4th 2017. The number of shares owned by shareholders was adjusted after the market closes on Wednesday, October 4th 2017. An investor that had 100 shares of Net Element stock prior to the reverse split would have 10 shares after the split.

How were Net Element's earnings last quarter?

Net Element Inc (NASDAQ:NETE) released its quarterly earnings data on Wednesday, November, 14th. The company reported ($0.23) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.22) by $0.01. The firm had revenue of $17.24 million for the quarter, compared to the consensus estimate of $17.10 million. Net Element had a negative return on equity of 65.72% and a negative net margin of 11.52%. View Net Element's Earnings History.

When is Net Element's next earnings date?

Net Element is scheduled to release their next quarterly earnings announcement on Monday, April 1st 2019. View Earnings Estimates for Net Element.

Has Net Element been receiving favorable news coverage?

News coverage about NETE stock has been trending somewhat positive on Friday, InfoTrie reports. InfoTrie ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Net Element earned a media sentiment score of 2.0 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the next few days.

Who are some of Net Element's key competitors?

Who are Net Element's key executives?

Net Element's management team includes the folowing people:
  • Mr. Oleg Firer, CEO & Director (Age 41)
  • Mr. Steven Wolberg, Chief Legal Officer & Sec. (Age 59)
  • Mr. Jeffrey Ginsberg, CFO, VP of Fin. & Controller (Age 53)
  • Mr. Andrey Krotov, Chief Technology Officer
  • Giovanni Di Febo, Head of Acquiring & Compliance

Who are Net Element's major shareholders?

Net Element's stock is owned by a number of of institutional and retail investors. Top institutional investors include Vanguard Group Inc (2.55%) and Vanguard Group Inc. (2.55%). View Institutional Ownership Trends for Net Element.

Which institutional investors are buying Net Element stock?

NETE stock was purchased by a variety of institutional investors in the last quarter, including Vanguard Group Inc and Vanguard Group Inc.. View Insider Buying and Selling for Net Element.

How do I buy shares of Net Element?

Shares of NETE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Net Element's stock price today?

One share of NETE stock can currently be purchased for approximately $7.05.

How big of a company is Net Element?

Net Element has a market capitalization of $30.83 million and generates $60.06 million in revenue each year. The company earns $-9,910,000.00 in net income (profit) each year or ($5.04) on an earnings per share basis. Net Element employs 97 workers across the globe.

What is Net Element's official website?

The official website for Net Element is http://www.netelement.com.

How can I contact Net Element?

Net Element's mailing address is 3363 NE 163RD STREET SUITE 705, NORTH MIAMI BEACH FL, 33160. The company can be reached via phone at 305-507-8808 or via email at [email protected]


MarketBeat Community Rating for Net Element (NASDAQ NETE)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  181 (Vote Outperform)
Underperform Votes:  144 (Vote Underperform)
Total Votes:  325
MarketBeat's community ratings are surveys of what our community members think about Net Element and other stocks. Vote "Outperform" if you believe NETE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NETE will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/14/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel