SWK (NASDAQ:SWKH) Announces Quarterly Earnings Results, Meets Expectations

SWK (NASDAQ:SWKH) issued its earnings results on Wednesday. The company reported $0.94 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.94, reports. SWK had a net margin of 26.51% and a return on equity of 5.07%. The company had revenue of $12.36 million during the quarter, compared to analyst estimates of $9.70 million.

SWK Stock Performance

SWK stock traded down $0.24 during trading hours on Friday, reaching $17.26. 5,274 shares of the company were exchanged, compared to its average volume of 9,626. SWK has a 12 month low of $15.14 and a 12 month high of $18.49. The firm has a market cap of $211.14 million, a price-to-earnings ratio of 18.56 and a beta of 0.40. The company has a current ratio of 5.06, a quick ratio of 5.06 and a debt-to-equity ratio of 0.11. The stock has a 50-day moving average of $16.56 and a 200 day moving average of $16.53.

SWK Company Profile

SWK Holdings Corporation, offers specialty finance and asset management services in the United States. It operates in two segments, Finance Receivables and Pharmaceutical Development. The Finance Receivables segment provides customized financing solutions to a range of life science companies, including companies in the biotechnology, medical device, medical diagnostics and related tools, animal health, and pharmaceutical industries, as well as institutions and inventors.