MOGU Inc. (NYSE:MOGU) was the recipient of a large decline in short interest in the month of June. As of June 30th, there was short interest totalling 451,900 shares, a decline of 24.7% from the June 15th total of 600,300 shares. Currently, 0.5% of the company’s shares are short sold. Based on an average daily trading volume, of 146,800 shares, the short-interest ratio is currently 3.1 days.
Shares of MOGU opened at $1.30 on Thursday. The stock has a market cap of $114.25 million, a price-to-earnings ratio of -2.36 and a beta of 0.78. MOGU has a 12-month low of $1.20 and a 12-month high of $4.72. The firm has a 50-day moving average of $1.58.
MOGU (NYSE:MOGU) last issued its quarterly earnings results on Friday, May 28th. The company reported ($0.12) earnings per share (EPS) for the quarter. The business had revenue of $13.87 million for the quarter. MOGU had a negative return on equity of 4.65% and a negative net margin of 67.82%.
MOGU Inc, through its subsidiaries, engages in the online fashion and lifestyle business in the People's Republic of China. The company operates an online platform that primarily offers a range of fashion apparel and other products, including beauty products and accessories provided by third party merchants.
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