Locafy (NASDAQ:LCFY) Shares Down 7.8%

Locafy Limited (NASDAQ:LCFYGet 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:LCFYGet 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

(Get Rating)

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.

Read More

Receive News & Ratings for Locafy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Locafy and related companies with MarketBeat.com's FREE daily email newsletter.