3 E Network Technology Group (NASDAQ:MASK) Trading 1.3% Higher – Still a Buy?

3 E Network Technology Group Ltd (NASDAQ:MASK) rose 1.3% on Wednesday . The stock traded as high as $0.2290 and last traded at $0.2290. Approximately 481,890 shares were traded during trading, a decline of 89% from the average daily volume of 4,401,023 shares. The stock had previously closed at $0.2260.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of 3 E Network Technology Group in a research report on Friday, January 16th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has an average rating of “Sell”.

3 E Network Technology Group Stock Performance

The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.46 and a current ratio of 2.46. The firm’s fifty day moving average price is $0.30 and its 200 day moving average price is $0.56.

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

3 E Network Technology Group Company Profile

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. The company was founded on October 6, 2021 and is headquartered in Guangzhou, China.