VCI Global (NASDAQ:VCIG) Releases Quarterly Earnings Results

VCI Global (NASDAQ:VCIG) issued its quarterly earnings data on Tuesday. The company reported ($1,744.29) earnings per share (EPS) for the quarter, FiscalAI reports. The company had revenue of $3.67 million for the quarter.

VCI Global Price Performance

Shares of NASDAQ VCIG opened at $2.03 on Wednesday. VCI Global has a twelve month low of $0.71 and a twelve month high of $2,421.00. The firm has a fifty day simple moving average of $3.43 and a 200 day simple moving average of $12.30.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of VCI Global in a research report on Monday, April 20th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

Institutional Trading of VCI Global

A hedge fund recently bought a new position in VCI Global stock. Jane Street Group LLC bought a new stake in shares of VCI Global Limited (NASDAQ:VCIG) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 47,075 shares of the company’s stock, valued at approximately $25,000. Jane Street Group LLC owned approximately 0.78% of VCI Global at the end of the most recent reporting period. 0.20% of the stock is owned by institutional investors and hedge funds.

VCI Global Company Profile

VCI Global, Inc (NASDAQ: VCIG) is a provider of outsourced receivables management and credit risk mitigation solutions for corporations, financial institutions and government agencies. The company offers end-to-end account administration services designed to streamline the order-to-cash cycle, helping clients improve cash flow, reduce days sales outstanding and mitigate credit risk across domestic and international markets.

VCI Global’s suite of services encompasses credit application processing, account setup, credit file creation, early-stage reconciliation and disputes management, cash application, and first- and third-party collections.