QuinStreet Inc. (QNST) Stock Price Up 4.2%
QuinStreet Inc. (NASDAQ:QNST)’s share price was up 4.2% during trading on Thursday . The stock traded as high as $3.20 and last traded at $3.19, with a volume of 64,238 shares. The stock had previously closed at $3.06.
The company has a 50-day moving average of $3.45 and a 200-day moving average of $3.37. The company’s market cap is $153.72 million.
QuinStreet (NASDAQ:QNST) last announced its earnings results on Tuesday, August 9th. The company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.06 by $0.04. During the same period last year, the company posted $0.01 earnings per share. The firm earned $79.10 million during the quarter, compared to analyst estimates of $82.41 million. The firm’s revenue was up 11.6% compared to the same quarter last year. On average, equities research analysts predict that QuinStreet Inc. will post $0.23 earnings per share for the current fiscal year.
In related news, SVP Martin J. Collins sold 17,983 shares of the stock in a transaction dated Wednesday, August 24th. The stock was sold at an average price of $3.12, for a total value of $56,106.96. Following the completion of the sale, the senior vice president now directly owns 92,251 shares of the company’s stock, valued at approximately $287,823.12. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
QuinStreet, Inc is an online performance marketing company. The Company provides vertically oriented customer acquisition programs for its clients. The Company operating segments include Direct Marketing Services (DMS) business. Its DMS business derives its net revenue from fees earned through the delivery of qualified leads, clicks, calls or customers, and display advertisements, or impressions.
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