Minim (NASDAQ:FIEE) Stock Price Down 15% – Here’s Why

Minim, Inc. (NASDAQ:FIEE) shares traded down 15% on Monday . The company traded as low as $3.62 and last traded at $3.75. 20,917 shares were traded during trading, a decline of 76% from the average session volume of 85,882 shares. The stock had previously closed at $4.41.

Wall Street Analyst Weigh In

Separately, Wall Street Zen upgraded shares of Minim to a “buy” rating in a report on Saturday, March 7th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

Minim Trading Up 3.4%

The firm’s 50-day moving average price is $6.50 and its 200-day moving average price is $5.28. The stock has a market capitalization of $333,520.00, a PE ratio of -0.79 and a beta of 1.81.

Minim (NASDAQ:FIEE) last issued its quarterly earnings data on Thursday, April 30th. The company reported $0.02 earnings per share (EPS) for the quarter. The business had revenue of $2.12 million for the quarter. Minim had a negative return on equity of 1,144.78% and a negative net margin of 105.18%.

About Minim

Minim, Inc (NASDAQ:FIEE) is a technology company specializing in network intelligence and security solutions for service providers, managed service providers (MSPs) and enterprise customers. The company’s core offering is a cloud-based platform that centralizes network management, device monitoring and automated troubleshooting across wired and wireless infrastructure. By leveraging machine learning and analytics, Minim aims to simplify onboarding, optimize performance and reduce operational costs for broadband providers and IT teams.

Minim’s software suite provides real-time visibility into network health, topology mapping and usage metrics, along with integrated security features designed to detect and block threats at the network edge.