Netcapital (NASDAQ:NCPL) Releases Quarterly Earnings Results, Misses Expectations By $0.94 EPS

Netcapital (NASDAQ:NCPL) announced its earnings results on Monday. The company reported ($2.34) EPS for the quarter, missing analysts’ consensus estimates of ($1.40) by ($0.94), Zacks reports. Netcapital had a negative return on equity of 18.14% and a negative net margin of 196.48%.

Netcapital Price Performance

Shares of NCPL stock traded up $0.04 on Monday, hitting $2.05. 141,510 shares of the stock traded hands, compared to its average volume of 201,877. Netcapital has a 52 week low of $1.41 and a 52 week high of $34.23. The firm has a 50 day simple moving average of $1.76 and a two-hundred day simple moving average of $3.82. The firm has a market cap of $2.22 million, a price-to-earnings ratio of -0.08 and a beta of -0.32.

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.