Armlogi Holding Corp. (NASDAQ:BTOC – Get Free Report) was the target of a large decrease in short interest in April. As of April 15th, there was short interest totaling 359,394 shares, a decrease of 37.2% from the March 31st total of 572,567 shares. Currently, 2.4% of the shares of the stock are short sold. Based on an average trading volume of 274,231 shares, the short-interest ratio is currently 1.3 days.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Armlogi in a report on Wednesday, January 21st. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, Armlogi presently has a consensus rating of “Sell”.
Read Our Latest Research Report on Armlogi
Institutional Trading of Armlogi
Armlogi Stock Performance
NASDAQ:BTOC opened at $0.29 on Tuesday. The stock’s fifty day moving average is $0.29 and its 200 day moving average is $0.47. Armlogi has a fifty-two week low of $0.23 and a fifty-two week high of $1.91. The firm has a market capitalization of $13.14 million, a PE ratio of -0.64 and a beta of 2.66. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.65 and a current ratio of 0.65.
Armlogi (NASDAQ:BTOC – Get Free Report) last released its quarterly earnings results on Friday, February 13th. The company reported ($0.08) earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.12). Armlogi had a negative net margin of 9.81% and a negative return on equity of 80.73%. The company had revenue of $51.54 million for the quarter, compared to analysts’ expectations of $61.37 million.
About Armlogi
Armlogi Holding Corp. is a warehousing and logistics service provider which offers a comprehensive package of supply-chain solutions related to warehouse management and order fulfillment. Armlogi Holding Corp. is based in WALNUT, CA.
Further Reading
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