Minim (NASDAQ:FIEE) Stock Price Up 9.6% – What’s Next?

Minim, Inc. (NASDAQ:FIEE)’s share price shot up 9.6% during mid-day trading on Wednesday. The stock traded as high as $3.29 and last traded at $3.0790. 3,843 shares were traded during trading, a decline of 98% from the average daily volume of 167,633 shares. The stock had previously closed at $2.81.

Analyst Ratings Changes

Separately, Weiss Ratings raised shares of Minim from a “sell (d)” rating to a “hold (c-)” rating in a research note on Friday, September 25th. One analyst has rated the stock with a Hold rating. Based on data from MarketBeat.com, Minim has a consensus rating of “Hold”.

Minim Price Performance

The stock has a market capitalization of $246,320.00, a price-to-earnings ratio of -0.58 and a beta of 1.81. The business has a fifty day moving average of $3.62 and a 200 day moving average of $4.99.

Minim (NASDAQ:FIEE) last posted its earnings results on Friday, August 14th. The company reported $0.14 earnings per share (EPS) for the quarter. The company had revenue of $4.83 million during the quarter. Minim had a negative return on equity of 1,144.78% and a negative net margin of 105.18%.

About Minim

Minim, Inc is a technology company focused on connected-home and wireless networking solutions. Its business has centered on helping consumers and service providers manage home internet connectivity through hardware, software and cloud-based services.

The company has offered products including Motorola-branded cable modems, Wi-Fi routers and mesh networking equipment, along with the Minim mobile application. Its software tools are designed to support network monitoring, device management, security features and troubleshooting for residential users.

Minim has primarily served the consumer and broadband-service-provider markets, with a focus on North America.