Onfolio (NASDAQ:ONFO) Shares Up 4.5% – Time to Buy?

Shares of Onfolio Holdings Inc. (NASDAQ:ONFOGet Free Report) shot up 4.5% during trading on Monday . The stock traded as high as $1.24 and last traded at $1.16. 265,255 shares traded hands during mid-day trading, a decline of 84% from the average session volume of 1,680,507 shares. The stock had previously closed at $1.11.

Onfolio Price Performance

The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.49 and a current ratio of 0.50. The company has a market cap of $5.95 million, a PE ratio of -2.83 and a beta of 2.69. The company’s 50-day simple moving average is $1.12 and its 200 day simple moving average is $1.06.

Onfolio (NASDAQ:ONFOGet Free Report) last issued its quarterly earnings results on Thursday, August 14th. The company reported ($0.13) EPS for the quarter. Onfolio had a negative net margin of 16.37% and a negative return on equity of 38.18%. The business had revenue of $3.15 million during the quarter.

Onfolio Company Profile

(Get Free Report)

Onfolio Holdings, Inc acquires and develops internet businesses. It provides website management, digital, advertising, and content placement services on its websites; and product sales on various sites. The company was founded in 2019 and is based in Wilmington, Delaware.

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