Onvia, Inc. (ONVI) Issues Quarterly Earnings Results
Onvia, Inc. (NASDAQ:ONVI) released its earnings results on Thursday. The business services provider reported ($0.10) EPS for the quarter, RTT News reports. Onvia had a negative return on equity of 64.62% and a negative net margin of 9.23%. The company had revenue of $6.14 million during the quarter.
Onvia (NASDAQ ONVI) traded up 2.22% during midday trading on Friday, reaching $4.60. The company’s stock had a trading volume of 261 shares. The firm has a 50 day moving average price of $4.37 and a 200-day moving average price of $4.44. The company’s market cap is $33.18 million. Onvia has a 12-month low of $3.90 and a 12-month high of $5.25.
In other Onvia news, insider Irvine N. Alpert sold 21,998 shares of the stock in a transaction on Friday, July 28th. The stock was sold at an average price of $4.25, for a total transaction of $93,491.50. Following the sale, the insider now owns 68,662 shares of the company’s stock, valued at approximately $291,813.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders have sold a total of 29,498 shares of company stock worth $126,617 in the last ninety days. Insiders own 19.81% of the company’s stock.
Onvia Company Profile
Onvia, Inc (Onvia) is a provider of business information and research solutions that help companies plan, market and sell to government agencies throughout the United States. The Company’s business solutions provide clients online access to its information about government procurement activity across local, state and federal government agencies.
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