Minim (NASDAQ:FIEE) Stock Price Down 1.8% – Time to Sell?

Minim, Inc. (NASDAQ:FIEE)’s stock price traded down 1.8% during mid-day trading on Friday . The company traded as low as $7.46 and last traded at $7.56. 17,254 shares changed hands during trading, a decline of 86% from the average session volume of 121,691 shares. The stock had previously closed at $7.70.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. Wall Street Zen raised Minim to a “buy” rating in a research report on Saturday, March 7th. Weiss Ratings reissued a “sell (e)” rating on shares of Minim in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

Minim Stock Performance

The company has a market capitalization of $604,800.00, a price-to-earnings ratio of -1.43 and a beta of 1.81. The firm has a 50-day simple moving average of $6.84 and a two-hundred day simple moving average of $4.34.

Minim (NASDAQ:FIEE) last released its earnings results on Friday, March 20th. The company reported $0.35 earnings per share for the quarter. The company had revenue of $4.21 million during the quarter. Minim had a negative return on equity of 1,144.78% and a negative net margin of 105.18%.

Insiders Place Their Bets

In other news, major shareholder Corporate Services Lt Elements bought 2,138,181 shares of the company’s stock in a transaction on Tuesday, February 10th. The stock was bought at an average cost of $1.29 per share, with a total value of $2,758,253.49. Following the transaction, the insider directly owned 3,119,830 shares in the company, valued at $4,024,580.70. The trade was a 217.82% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 51.90% of the stock is currently owned by corporate insiders.

Minim Company Profile

Minim, Inc (NASDAQ:FIEE) is a technology company specializing in network intelligence and security solutions for service providers, managed service providers (MSPs) and enterprise customers. The company’s core offering is a cloud-based platform that centralizes network management, device monitoring and automated troubleshooting across wired and wireless infrastructure. By leveraging machine learning and analytics, Minim aims to simplify onboarding, optimize performance and reduce operational costs for broadband providers and IT teams.

Minim’s software suite provides real-time visibility into network health, topology mapping and usage metrics, along with integrated security features designed to detect and block threats at the network edge.