Shares of Locafy Limited (NASDAQ:LCFY – Get Free Report) rose 2% on Friday . The stock traded as high as $6.94 and last traded at $6.78. Approximately 5,876 shares traded hands during mid-day trading, a decline of 99% from the average daily volume of 453,194 shares. The stock had previously closed at $6.65.
Locafy Price Performance
The firm has a market capitalization of $8.65 million, a PE ratio of -3.63 and a beta of 1.21. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.68 and a quick ratio of 0.68. The business’s 50 day moving average is $5.52 and its two-hundred day moving average is $4.26.
About Locafy
Locafy Limited operates as a software-as-a-service company (SaaS) that specializes in search engine marketing in Australia, New Zealand, Europe, North America, and internationally. The company operates in three segments: Publishing, Direct Sales, and Reseller Sales. It focuses on commercializing its SaaS online publishing technology platform that comprises an integrated suite of solutions.
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