News headlines about Net Element International (NASDAQ:NETE) have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research group scores the sentiment of media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Net Element International earned a media sentiment score of 0.20 on Accern’s scale. Accern also assigned media stories about the company an impact score of 46.9568381913097 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the news headlines that may have impacted Accern’s analysis:
- Pre-Open Movers 01/02: (NETE) (WATT) (AKAO) Higher; (WFT) (TSRO) (MLCO) Lower (more…) – StreetInsider.com (streetinsider.com)
- Net Element Joins The Blockchain Bonanza – Benzinga (benzinga.com)
- Net Element Announces $7.55 Million Institutional Investment to Support Blockchain-Focused Developments and Continued Growth (finance.yahoo.com)
- South Korea's bitcoin crackdown will only legitimize cryptocurrencies in the long run (finance.yahoo.com)
Net Element International (NASDAQ:NETE) traded up $2.70 on Tuesday, reaching $13.83. The company had a trading volume of 3,849,055 shares, compared to its average volume of 1,920,000. The company has a current ratio of 0.61, a quick ratio of 0.61 and a debt-to-equity ratio of 3.47. The firm has a market cap of $31.38, a PE ratio of -2.80 and a beta of 1.04. Net Element International has a 12-month low of $2.56 and a 12-month high of $33.51.
Net Element International (NASDAQ:NETE) last issued its earnings results on Tuesday, November 14th. The company reported ($0.90) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.56) by ($0.34). Net Element International had a negative return on equity of 205.76% and a negative net margin of 14.44%. The business had revenue of $14.90 million during the quarter, compared to analyst estimates of $16.60 million. equities analysts predict that Net Element International will post -3.59 EPS for the current fiscal year.
Separately, ValuEngine downgraded Net Element International from a “hold” rating to a “sell” rating in a report on Friday, December 1st.
Net Element International Company Profile
Net Element, Inc operates as a financial technology and value-added solutions company worldwide. It operates in three segments: North America Transaction Solutions, Mobile Solutions, and Online Solutions. The North America Transaction Solutions segment provides technology and services that businesses require to accept cashless transaction for retail card-present, e-commerce, or card-not-present mail order/telephone order transactions; and Aptito, a cloud-based point of sale (POS) platform, which includes hospitality, mobile POS, and small to medium sized business retail POS applications, as well as offers mobile payment and merchant back office reporting services, and merchant performance analytical tools.
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