Netcapital (NASDAQ:NCPL) Stock Price Up 5% – What’s Next?

Netcapital Inc. (NASDAQ:NCPL)’s stock price traded up 5% during trading on Wednesday . The stock traded as high as $1.74 and last traded at $1.68. 250,569 shares changed hands during mid-day trading, an increase of 131% from the average session volume of 108,295 shares. The stock had previously closed at $1.60.

Netcapital Stock Down 8.6 %

The firm’s 50 day simple moving average is $2.45 and its 200 day simple moving average is $6.10. The company has a market cap of $32.02 million, a price-to-earnings ratio of -33.20 and a beta of -0.60.

Netcapital (NASDAQ:NCPL) last posted its quarterly earnings data on Monday, September 16th. The company reported ($5.10) EPS for the quarter, missing analysts’ consensus estimates of ($0.62) by ($4.48). Netcapital had a negative net margin of 196.48% and a negative return on equity of 18.14%. The company had revenue of $0.14 million for the quarter, compared to analyst estimates of $1.22 million.

About Netcapital

Netcapital Inc operates as a fintech company. It offers Netcapital.com, an SEC-registered funding portal that enables private companies to raise capital online, as well as allows investors to invest from anywhere in the world. The company also provides various services, including automated onboarding process and filing of required regulatory documents; compliance review; custom-built offering page on its portal website; third party transfer agent and custodial services; and rolling closes which provides access to liquidity before final close date of offerings, as well as assistance with annual fillings and direct access to team for ongoing support.