Locafy Limited (NASDAQ:LCFY – Get Free Report)’s stock price dropped 4.2% on Thursday . The company traded as low as $4.07 and last traded at $4.13. Approximately 23,637 shares changed hands during mid-day trading, an increase of 3% from the average daily volume of 22,847 shares. The stock had previously closed at $4.31.
Locafy Stock Down 4.2%
The business has a 50-day simple moving average of $4.85 and a two-hundred day simple moving average of $4.87. The stock has a market capitalization of $5.70 million, a P/E ratio of -3.36 and a beta of 1.78.
About Locafy
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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