Upexi (NASDAQ:UPXI) Issues Quarterly Earnings Results

Upexi (NASDAQ:UPXI) announced its earnings results on Thursday. The company reported ($1.55) earnings per share for the quarter, Zacks reports. Upexi had a negative return on equity of 54.97% and a negative net margin of 28.34%.

Upexi Stock Down 6.8 %

Shares of NASDAQ:UPXI traded down $0.30 during mid-day trading on Thursday, reaching $4.13. 238,116 shares of the stock were exchanged, compared to its average volume of 252,841. The stock’s 50 day simple moving average is $4.96 and its 200-day simple moving average is $5.74. Upexi has a one year low of $2.17 and a one year high of $33.00.

About Upexi

Upexi, Inc manufactures and sells various branded products in the health, wellness, pet, beauty, and other markets. The company was formerly known as Grove, Inc and changed its name to Upexi, Inc in August 2022. The company was incorporated in 2018 and is headquartered in Clearwater, Florida.