CFN Enterprises (OTCMKTS:CNFN) Shares Down 3.3% – Here’s Why

CFN Enterprises Inc. (OTCMKTS:CNFNGet Free Report)’s share price dropped 3.3% during trading on Monday . The stock traded as low as $0.5801 and last traded at $0.5801. 200 shares changed hands during mid-day trading, an increase of 96% from the average session volume of 102 shares. The stock had previously closed at $0.60.

CFN Enterprises Stock Performance

The company’s 50 day moving average price is $0.76 and its 200-day moving average price is $1.14. The company has a market cap of $5.53 million, a price-to-earnings ratio of -1.18 and a beta of 0.98.

CFN Enterprises (OTCMKTS:CNFNGet Free Report) last posted its quarterly earnings results on Wednesday, May 20th. The company reported ($0.15) earnings per share (EPS) for the quarter. The business had revenue of $0.09 million for the quarter.

CFN Enterprises Company Profile

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CFN Enterprises, Inc (OTC: CNFN) operates as a specialty packaging and supply chain solutions provider for consumer products companies. The company designs, manufactures and supplies a wide selection of rigid packaging components—such as plastic bottles, jars, closures and droppers—catering to markets that include aromatherapy, personal care, over-the-counter pharmaceuticals and specialty food and beverage.

Through its combined manufacturing footprint in the United States and China, CFN Enterprises offers injection blow molding, extrusion blow molding and injection molding capabilities.

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