3 E Network Technology Group (NASDAQ:MASK) Stock Price Down 3.7% – Should You Sell?

3 E Network Technology Group Ltd (NASDAQ:MASK)’s share price was down 3.7% during mid-day trading on Tuesday . The company traded as low as $0.34 and last traded at $0.34. Approximately 64,591 shares changed hands during trading, a decline of 58% from the average daily volume of 154,838 shares. The stock had previously closed at $0.3529.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (e)” rating on shares of 3 E Network Technology Group in a research report on Saturday, September 27th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has an average rating of “Sell”.

3 E Network Technology Group Stock Down 3.7%

The stock has a 50 day moving average price of $0.49 and a 200 day moving average price of $1.26.

3 E Network Technology Group (NASDAQ:MASK) last announced its earnings results on Friday, November 14th. The company reported ($0.02) earnings per share for the quarter. The company had revenue of ($1.56) million during the quarter.

About 3 E Network Technology Group

3 E Network Technology Group Ltd. operates as a holding company, which engages in the provision of business-to-business information technology business solutions. It offers business solutions to a variety of industries and sectors, including food establishments, real estate, exhibition and conferencing, and clean energy utilities.