Prestige Wealth (NASDAQ:AURE) Issues Quarterly Earnings Results

Prestige Wealth (NASDAQ:AURE) released its quarterly earnings results on Monday. The company reported ($0.72) earnings per share (EPS) for the quarter, Zacks reports.

Prestige Wealth Price Performance

Prestige Wealth stock traded up $0.03 during mid-day trading on Monday, reaching $1.73. 1,155 shares of the company were exchanged, compared to its average volume of 84,657. The firm’s fifty day simple moving average is $2.18. Prestige Wealth has a 12 month low of $1.25 and a 12 month high of $14.60. The company has a current ratio of 59.95, a quick ratio of 59.95 and a debt-to-equity ratio of 0.36. The company has a market cap of $59.69 million, a price-to-earnings ratio of -1.92 and a beta of 2.38.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings downgraded Prestige Wealth from a “sell (d)” rating to a “sell (d-)” rating in a report on Monday, July 20th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has an average rating of “Sell”.

About Prestige Wealth

Through our subsidiaries, we are a wealth management and asset management services provider based in Hong Kong, with the majority of our subsidiaries’ operations in Hong Kong. Our subsidiaries assist their clients in identifying and purchasing well matched wealth management products and global asset management products. Our subsidiaries’ clients for both wealth management and asset management services are primarily high net worth and ultra-high net worth individuals in Asia, and a majority of our subsidiaries’ clients reside in mainland China or Hong Kong.