QuinStreet, Inc. (QNST) Stock Price Down NaN

QuinStreet, Inc. (NASDAQ:QNST) was down NaN on Thursday . The company traded as low as $7.82 and last traded at $0.00. Approximately 798,543 shares changed hands during trading, an increase of Infinity from the average daily volume of 0 shares.

The company has a market cap of $370.98 million, a price-to-earnings ratio of 270.33 and a beta of 1.04.

QuinStreet (NASDAQ:QNST) last issued its quarterly earnings data on Monday, October 30th. The technology company reported $0.08 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.05 by $0.03. QuinStreet had a negative net margin of 2.29% and a positive return on equity of 1.06%. The business had revenue of $87.40 million during the quarter, compared to analysts’ expectations of $79.90 million. During the same period last year, the company posted $0.01 EPS. The company’s revenue was up 19.1% on a year-over-year basis.

Institutional investors and hedge funds have recently modified their holdings of the company. Russell Investments Group Ltd. boosted its position in QuinStreet by 153.4% during the second quarter. Russell Investments Group Ltd. now owns 73,508 shares of the technology company’s stock worth $307,000 after acquiring an additional 44,496 shares during the last quarter. Ameriprise Financial Inc. boosted its position in QuinStreet by 3.5% during the first quarter. Ameriprise Financial Inc. now owns 186,649 shares of the technology company’s stock worth $728,000 after acquiring an additional 6,355 shares during the last quarter. Bank of New York Mellon Corp boosted its position in QuinStreet by 0.7% during the first quarter. Bank of New York Mellon Corp now owns 407,747 shares of the technology company’s stock worth $1,591,000 after acquiring an additional 2,696 shares during the last quarter. Texas Permanent School Fund boosted its position in QuinStreet by 0.8% during the second quarter. Texas Permanent School Fund now owns 26,197 shares of the technology company’s stock worth $109,000 after acquiring an additional 219 shares during the last quarter. Finally, SG Americas Securities LLC acquired a new stake in QuinStreet during the second quarter worth approximately $271,000. 62.55% of the stock is owned by institutional investors and hedge funds.

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QuinStreet Company Profile

QuinStreet, Inc is an online performance marketing company. The Company provides vertically oriented customer acquisition programs for its clients. The Company operating segments include Direct Marketing Services (DMS) business. Its DMS business derives its net revenue from fees earned through the delivery of qualified leads, clicks, calls or customers, and display advertisements, or impressions.

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