Locafy Limited (NASDAQ:LCFY – Get Rating) traded down 7.8% during mid-day trading on Tuesday . The stock traded as low as $9.20 and last traded at $9.50. 1,191 shares traded hands during mid-day trading, a decline of 79% from the average session volume of 5,681 shares. The stock had previously closed at $10.30.
Locafy Price Performance
The company’s 50-day simple moving average is $9.80 and its 200-day simple moving average is $4.59.
Institutional Investors Weigh In On Locafy
An institutional investor recently bought a new position in Locafy stock. Jane Street Group LLC purchased a new position in Locafy Limited (NASDAQ:LCFY – Get Rating) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 62,554 shares of the company’s stock, valued at approximately $146,000.
Locafy Company Profile
Locafy Limited operates as a software-as-a-service company (SaaS) that specializes in local search engine marketing in Australia, Europe, the United States, and internationally. It focuses on commercializing its SaaS online publishing technology platform that comprises an integrated suite of solutions, such as listings, landing pages, locators, and marketplace for improving the local online presence for business owners.
- Get a free copy of the StockNews.com research report on Locafy (LCFY)
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