Locafy (NASDAQ:LCFY) Shares Down 9.3% – What’s Next?

Locafy Limited (NASDAQ:LCFYGet Free Report) fell 9.3% during trading on Monday . The stock traded as low as $4.40 and last traded at $4.51. 17,679 shares were traded during trading, a decline of 95% from the average session volume of 344,202 shares. The stock had previously closed at $4.97.

Locafy Price Performance

The stock has a market cap of $6.23 million, a price-to-earnings ratio of -3.67 and a beta of 1.58. The company’s 50 day moving average is $6.71 and its 200 day moving average is $6.65. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.92 and a quick ratio of 0.92.

Locafy Company Profile

(Get Free Report)

Locafy Limited operates as a software-as-a-service company (SaaS) that specializes in search engine marketing in Australia, New Zealand, Europe, North America, and internationally. The company operates in three segments: Publishing, Direct Sales, and Reseller Sales. It focuses on commercializing its SaaS online publishing technology platform that comprises an integrated suite of solutions.

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