Locafy (NASDAQ:LCFY) Trading Up 5% – Still a Buy?

Locafy Limited (NASDAQ:LCFY)’s share price rose 5% during mid-day trading on Monday . The company traded as high as $3.26 and last traded at $3.17. Approximately 28,366 shares changed hands during trading, a decline of 99% from the average daily volume of 2,212,469 shares. The stock had previously closed at $3.02.

Locafy Trading Up 5.0%

The company’s 50 day simple moving average is $3.34 and its 200 day simple moving average is $4.45. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.09 and a quick ratio of 1.09. The firm has a market cap of $5.71 million, a price-to-earnings ratio of -3.05 and a beta of 1.95.

Locafy (NASDAQ:LCFY) last announced its quarterly earnings data on Wednesday, November 12th. The company reported ($0.29) earnings per share (EPS) for the quarter. The firm had revenue of $0.53 million during the quarter.

Locafy Company Profile

Locafy (NASDAQ:LCFY) is a technology company that offers a cloud-based software platform designed to streamline and automate local search marketing for multi-location businesses. Through its SaaS solution, Locafy enables brands to create, manage and optimize location-specific web pages and digital assets at scale, ensuring consistent and accurate information across search engines and online directories.

The Locafy platform leverages machine learning and automation to generate on-page SEO content, manage business listings and track local search performance.