Grow Capital (OTCMKTS:GRWC) Stock Price Crosses Above 50-Day Moving Average – What’s Next?

Grow Capital, Inc. (OTCMKTS:GRWC)’s share price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $0.22 and traded as high as $0.2401. Grow Capital shares last traded at $0.24, with a volume of 2,573 shares trading hands.

Grow Capital Stock Performance

The business’s 50 day moving average is $0.22 and its 200-day moving average is $0.23. The stock has a market cap of $36.60 million, a price-to-earnings ratio of -8.00 and a beta of 29.21.

Grow Capital (OTCMKTS:GRWC) last released its quarterly earnings results on Wednesday, May 20th. The financial services provider reported ($0.01) earnings per share (EPS) for the quarter. The company had revenue of $1.10 million for the quarter.

About Grow Capital

Grow Capital, Inc operates in the financial technology sector. It provides software, technology, and services to financial services firms and advisors. The company's software suite delivers customized back office compliance, multi-pay commission processing, and new client application submission system, as well as digital engagement marketing services centric to financial services. It also provides software customization, licensing, and subscription service contracts, as well as ongoing customization and maintenance services; and ad hoc services, including web hosting, website development, and other complementary professional services.