The Arena Group Holdings, Inc. (NYSE:AREN – Get Free Report) shares dropped 1.4% on Wednesday . The company traded as low as $0.78 and last traded at $0.80. Approximately 12,480 shares were traded during trading, a decline of 81% from the average daily volume of 66,246 shares. The stock had previously closed at $0.81.
The Arena Group Stock Performance
The stock has a market cap of $23.64 million, a P/E ratio of -0.15 and a beta of 0.06. The firm has a 50-day moving average price of $0.87 and a 200-day moving average price of $0.86.
The Arena Group (NYSE:AREN – Get Free Report) last issued its quarterly earnings results on Monday, August 19th. The company reported ($0.24) earnings per share (EPS) for the quarter. The company had revenue of $27.18 million for the quarter.
The Arena Group Company Profile
The Arena Group Holdings, Inc, together with its subsidiaries, operates digital media platform in the United States and internationally. The company offers the Platform, a proprietary online publishing platform comprising publishing tools, video platforms, social distribution channels, newsletter technology, machine learning content recommendations, notifications, and other technology.
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