CTW Cayman (NASDAQ:CTW) Releases Earnings Results

CTW Cayman (NASDAQ:CTW) released its quarterly earnings results on Thursday. The company reported ($0.02) EPS for the quarter, FiscalAI reports. The firm had revenue of $20.79 million during the quarter.

CTW Cayman Trading Up 5.2%

Shares of NASDAQ:CTW traded up $0.10 during midday trading on Friday, reaching $1.93. 8,794 shares of the company were exchanged, compared to its average volume of 16,244. CTW Cayman has a fifty-two week low of $1.10 and a fifty-two week high of $3.14. The stock has a fifty day simple moving average of $2.33 and a two-hundred day simple moving average of $2.42.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised CTW Cayman from a “sell (d-)” rating to a “sell (d)” rating in a research note on Tuesday, September 1st. One investment analyst has rated the stock with a Sell rating. Based on data from MarketBeat, CTW Cayman presently has a consensus rating of “Sell”.

CTW Cayman Company Profile

CTW Cayman Limited is a holding company associated with CTW Inc, a Japan-based developer and operator of online games. Through its G123 platform, the company provides browser-based games that can be played without downloading dedicated applications.

The company’s games are generally based on popular anime and other entertainment properties and are offered through a free-to-play model, with revenue generated from in-game purchases and related digital content. Its platform is designed to support the development, publication and operation of games for users across desktop and mobile devices.

CTW serves players primarily in Japan and also distributes its games internationally.