Onfolio (NASDAQ:ONFO) Trading Up 7.1% – What’s Next?

Shares of Onfolio Holdings, Inc. (NASDAQ:ONFO) rose 7.1% on Wednesday . The company traded as high as $1.24 and last traded at $1.21. Approximately 7,668 shares traded hands during trading, a decline of 96% from the average daily volume of 194,563 shares. The stock had previously closed at $1.13.

Onfolio Trading Up 7.1 %

The firm has a market cap of $6.21 million and a P/E ratio of -0.85. The firm has a fifty day simple moving average of $1.06 and a 200-day simple moving average of $0.98. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.27 and a quick ratio of 0.25.

Onfolio (NASDAQ:ONFO) last posted its quarterly earnings results on Wednesday, August 14th. The company reported ($0.17) earnings per share (EPS) for the quarter. Onfolio had a negative net margin of 118.43% and a negative return on equity of 59.94%. The business had revenue of $1.73 million during the quarter.

Onfolio Company Profile

Onfolio Holdings, Inc acquires and develops internet businesses. It provides website management, digital, advertising, and content placement services on its websites; and product sales on various sites. The company was founded in 2019 and is based in Wilmington, Delaware.