Paltalk (PALT) Scheduled to Post Quarterly Earnings on Thursday

Paltalk (NASDAQ:PALT – Get Rating) is set to announce its earnings results after the market closes on Thursday, March 23rd. Individual that wish to register for the company’s earnings conference call can do so using this link.

Paltalk Stock Performance

Shares of Paltalk stock opened at $1.49 on Thursday. Paltalk has a one year low of $1.28 and a one year high of $4.60. The company has a market cap of $13.93 million, a PE ratio of -4.66 and a beta of 0.78. The business has a 50-day simple moving average of $2.73 and a 200-day simple moving average of $1.95.

Hedge Funds Weigh In On Paltalk

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Geode Capital Management LLC grew its position in shares of Paltalk by 20.2% during the fourth quarter. Geode Capital Management LLC now owns 25,498 shares of the company’s stock worth $33,000 after buying an additional 4,287 shares in the last quarter. Jane Street Group LLC acquired a new position in Paltalk in the third quarter valued at approximately $26,000. Vanguard Group Inc. boosted its holdings in Paltalk by 40.1% in the third quarter. Vanguard Group Inc. now owns 127,906 shares of the company’s stock valued at $193,000 after purchasing an additional 36,634 shares in the last quarter. Citadel Advisors LLC acquired a new position in Paltalk in the third quarter valued at approximately $89,000. Finally, Millennium Management LLC boosted its holdings in Paltalk by 137.7% in the second quarter. Millennium Management LLC now owns 36,208 shares of the company’s stock valued at $73,000 after purchasing an additional 20,975 shares in the last quarter. 3.81% of the stock is owned by institutional investors and hedge funds.

Paltalk Company Profile

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Paltalk, Inc, together with its subsidiaries, develops communications software and multimedia social applications worldwide. The company offers consumer applications, which include Paltalk, Camfrog, and Tinychat for live video chat; and Vumber, a telecommunications application that enables users to have multiple phone numbers in any area code through which calls can be forwarded to a user's existing cell phone or landline telephone number.