Treasure Global (NASDAQ:TGL) Stock Rating Lowered by Wall Street Zen

Treasure Global (NASDAQ:TGL) was downgraded by investment analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Saturday.

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Treasure Global in a research report on Friday, October 31st. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Sell”.

Treasure Global Stock Up 0.9%

Shares of NASDAQ:TGL opened at $0.81 on Friday. The firm has a market cap of $6.87 million, a P/E ratio of -0.02 and a beta of 2.83. Treasure Global has a 12 month low of $0.68 and a 12 month high of $39.00. The company’s 50-day moving average price is $0.99 and its two-hundred day moving average price is $1.24.

Treasure Global (NASDAQ:TGL) last announced its earnings results on Tuesday, October 14th. The company reported ($3.36) earnings per share for the quarter. Treasure Global had a negative return on equity of 34.97% and a negative net margin of 1,002.87%.The company had revenue of $1.15 million during the quarter.

About Treasure Global

Treasure Global Inc offers e-commerce activities through its platform. Its platform provides consumers and merchants instant rebates and affiliate cashback programs, while providing a seamless e-payment solution with rebates in both e-commerce and physical retailers/merchant settings. The company offers ZCITY App, a payment gateway platform.