QuoteMedia (OTCMKTS:QMCI) Releases Quarterly Earnings Results

QuoteMedia (OTCMKTS:QMCI) issued its quarterly earnings results on Wednesday. The company reported $0.00 earnings per share (EPS) for the quarter, MarketWatch Earnings reports. QuoteMedia had a net margin of 2.77% and a negative return on equity of 33.00%.

Shares of OTCMKTS QMCI traded down $0.01 during mid-day trading on Friday, reaching $0.10. 28,412 shares of the company were exchanged, compared to its average volume of 48,582. The company’s 50 day moving average price is $0.10 and its 200 day moving average price is $0.12. QuoteMedia has a 52 week low of $0.07 and a 52 week high of $0.23.

Several equities research analysts have recently issued reports on QMCI shares. Zacks Investment Research upgraded shares of QuoteMedia from a “sell” rating to a “hold” rating in a research note on Wednesday, July 22nd. Noble Financial reiterated a “buy” rating and issued a $0.18 price objective on shares of QuoteMedia in a research note on Friday, May 15th.

QuoteMedia Company Profile

QuoteMedia, Inc provides financial data, news feeds, market research information, and financial software solutions to online brokerages, clearing firms, banks, financial service companies, media portals, and public corporations worldwide. It collects, aggregates, and delivers delayed and real-time financial data content through the Internet.

Further Reading: Profit margin is different from the revenue

Earnings History for QuoteMedia (OTCMKTS:QMCI)

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