Netcapital (NASDAQ:NCPL) Shares Up 4.4% – Still a Buy?

Netcapital Inc. (NASDAQ:NCPL)’s share price was up 4.4% during trading on Monday . The stock traded as high as $1.90 and last traded at $1.90. Approximately 89,015 shares were traded during mid-day trading, a decline of 54% from the average daily volume of 191,971 shares. The stock had previously closed at $1.82.

Netcapital Stock Performance

The firm has a market cap of $3.50 million, a price-to-earnings ratio of -0.06 and a beta of -0.46. The business’s 50 day moving average price is $1.94 and its 200 day moving average price is $2.76.

Netcapital (NASDAQ:NCPL) last released its quarterly earnings results on Monday, December 16th. The company reported ($2.34) EPS for the quarter, missing the consensus estimate of ($1.40) by ($0.94). Netcapital had a negative net margin of 562.71% and a negative return on equity of 25.03%.

About Netcapital

Netcapital Inc operates as a fintech company. It offers Netcapital.com, an SEC-registered funding portal that enables private companies to raise capital online, as well as allows investors to invest from anywhere in the world. The company also provides various services, including automated onboarding process and filing of required regulatory documents; compliance review; custom-built offering page on its portal website; third party transfer agent and custodial services; and rolling closes which provides access to liquidity before final close date of offerings, as well as assistance with annual fillings and direct access to team for ongoing support.