Netcapital (NASDAQ:NCPL) Trading Up 2% – Should You Buy?

Shares of Netcapital Inc. (NASDAQ:NCPL) shot up 2% on Wednesday . The company traded as high as $2.12 and last traded at $2.07. 59,637 shares traded hands during trading, a decline of 73% from the average session volume of 223,775 shares. The stock had previously closed at $2.03.

Netcapital Price Performance

The business’s 50-day simple moving average is $2.08 and its two-hundred day simple moving average is $2.05. The stock has a market capitalization of $3.81 million, a price-to-earnings ratio of -0.06 and a beta of -0.48.

Netcapital (NASDAQ:NCPL) last posted its earnings results on Monday, December 16th. The company reported ($2.34) earnings per share 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%.

Netcapital Company Profile

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.