Zedge, Inc. (NYSEAMERICAN:ZDGE – Get Free Report)’s share price passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $0.00 and traded as high as $2.66. Zedge shares last traded at $2.43, with a volume of 6,668 shares changing hands.
Zedge Trading Up 8.5 %
The stock has a market capitalization of $36.76 million, a P/E ratio of 21.95 and a beta of 1.08.
Zedge (NYSEAMERICAN:ZDGE – Get Free Report) last released its quarterly earnings data on Friday, March 15th. The company reported $0.03 EPS for the quarter. Zedge had a positive return on equity of 4.80% and a negative net margin of 59.40%. The business had revenue of $7.77 million during the quarter.
Zedge Company Profile
Zedge, Inc builds digital marketplaces and competitive games around content that people use to express themselves. It offers the Zedge Ringtones and Wallpapers app, a freemium digital content marketplace that provides a wide array of mobile personalization content, including mobile phone wallpapers, video wallpapers, ringtones, and notification sounds.
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