Armlogi (NASDAQ:BTOC) Trading 3.5% Higher – What’s Next?

Armlogi Holding Corp. (NASDAQ:BTOC) traded up 3.5% during trading on Tuesday . The stock traded as high as $0.3468 and last traded at $0.3340. 22,094 shares changed hands during trading, a decline of 52% from the average session volume of 46,337 shares. The stock had previously closed at $0.3227.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Armlogi in a research report on Wednesday, January 21st. One research analyst has rated the stock with a Sell rating, According to MarketBeat, Armlogi has a consensus rating of “Sell”.

Armlogi Price Performance

The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 0.04. The stock has a market cap of $15.18 million, a P/E ratio of -0.74 and a beta of 2.51. The firm has a 50 day moving average price of $0.49 and a 200 day moving average price of $0.76.

Armlogi (NASDAQ:BTOC) last announced its quarterly earnings data on Friday, February 13th. The company reported ($0.08) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.12). Armlogi had a negative net margin of 9.81% and a negative return on equity of 80.73%. The company had revenue of $51.54 million for the quarter, compared to the consensus estimate of $61.37 million.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Armlogi stock. Millennium Management LLC boosted its holdings in Armlogi Holding Corp. (NASDAQ:BTOC) by 615.8% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 109,500 shares of the company’s stock after buying an additional 94,203 shares during the period. Millennium Management LLC owned 0.24% of Armlogi worth $88,000 as of its most recent SEC filing.

Armlogi Company Profile

Armlogi Holding Corp. is a warehousing and logistics service provider which offers a comprehensive package of supply-chain solutions related to warehouse management and order fulfillment. Armlogi Holding Corp. is based in WALNUT, CA.