Steel Connect, Inc. (NASDAQ:STCN – Get Rating) saw a significant decrease in short interest in the month of April. As of April 30th, there was short interest totalling 105,200 shares, a decrease of 16.2% from the April 15th total of 125,500 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average trading volume of 103,300 shares, the days-to-cover ratio is currently 1.0 days.
STCN stock opened at $1.19 on Tuesday. Steel Connect has a fifty-two week low of $0.92 and a fifty-two week high of $2.45. The business’s 50-day moving average is $1.26 and its two-hundred day moving average is $1.38. The company has a market cap of $71.95 million, a price-to-earnings ratio of -0.88 and a beta of 0.68.
Steel Connect (NASDAQ:STCN – Get Rating) last posted its earnings results on Thursday, March 17th. The technology company reported ($0.39) earnings per share for the quarter. Steel Connect had a negative net margin of 15.19% and a negative return on equity of 266.60%. The firm had revenue of $120.64 million during the quarter.
Steel Connect Company Profile (Get Rating)
Steel Connect, Inc, together with its subsidiaries, provides direct marketing and supply chain services in the United States, Mainland China, and internationally. The company provides data-driven marketing solutions, including strategy, data and analytics, response analysis, creative services, lithographic and digital printing, envelope printing and converting, component manufacturing, promotional cards, data processing and hygiene, content and asset management, personalization, lettershop and bindery, and postal optimization and omnichannel marketing campaigns, as well as provides business continuity and disaster recovery services.
- Get a free copy of the StockNews.com research report on Steel Connect (STCN)
- Etsy Buy!: Why Etsy Stock is Making a Crafty Comeback
- FIGS, Inc Moves Lower On Analysts’ Downgrades
- MarketBeat Podcast: Trading Volatile Markets While Preserving Capital
- Option Care Health Stock is Making a Healthy Pullback
- Warby Parker Stock Is A High-Probability Candidate For A Short-Squeeze
Want More Great Investing Ideas?
- 3 Stocks to DOUBLE This Year
- The 10 Best Stocks to Own in 2022
- 7 Stocks to Buy and Hold Forever
- 9 "MUST OWN" Growth Stocks
Receive News & Ratings for Steel Connect Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Steel Connect and related companies with MarketBeat.com's FREE daily email newsletter.