Treasure Global (NASDAQ:TGL) Issues Earnings Results

Treasure Global (NASDAQ:TGLGet Free Report) released its earnings results on Monday. The company reported ($3.47) EPS for the quarter, FiscalAI reports. Treasure Global had a negative net margin of 889.11% and a negative return on equity of 53.76%. The company had revenue of $1.08 million for the quarter.

Treasure Global Trading Down 8.5%

Shares of Treasure Global stock opened at $4.22 on Wednesday. The company has a market capitalization of $7.09 million, a PE ratio of -0.01 and a beta of 2.97. The stock’s fifty day simple moving average is $5.84 and its 200 day simple moving average is $14.09. Treasure Global has a 12 month low of $3.70 and a 12 month high of $185.50.

Hedge Funds Weigh In On Treasure Global

A hedge fund recently bought a new stake in Treasure Global stock. Schonfeld Strategic Advisors LLC purchased a new position in shares of Treasure Global Inc. (NASDAQ:TGLFree Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 19,303 shares of the company’s stock, valued at approximately $118,000. Schonfeld Strategic Advisors LLC owned approximately 1.15% of Treasure Global at the end of the most recent reporting period.

Wall Street Analyst Weigh In

A number of analysts have commented on TGL shares. Wall Street Zen downgraded Treasure Global from a “hold” rating to a “sell” rating in a research report on Saturday, December 20th. Weiss Ratings restated a “sell (e+)” rating on shares of Treasure Global in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Treasure Global currently has an average rating of “Sell”.

Check Out Our Latest Report on TGL

About Treasure Global

(Get Free Report)

Treasure Global Inc offers e-commerce activities through its platform. Its platform provides consumers and merchants instant rebates and affiliate cashback programs, while providing a seamless e-payment solution with rebates in both e-commerce and physical retailers/merchant settings. The company offers ZCITY App, a payment gateway platform. Treasure Global Inc was incorporated in 2020 and is based in New York, New York.

Further Reading

Earnings History for Treasure Global (NASDAQ:TGL)

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