VCI Global (NASDAQ:VCIG) Releases Quarterly Earnings Results

VCI Global (NASDAQ:VCIG) released its earnings results on Tuesday. The company reported ($1,744.29) earnings per share (EPS) for the quarter, FiscalAI reports. The firm had revenue of $3.67 million during the quarter.

VCI Global Price Performance

Shares of VCIG stock opened at $1.59 on Thursday. The company’s fifty day simple moving average is $3.45 and its two-hundred day simple moving average is $12.05. VCI Global has a 1 year low of $0.71 and a 1 year high of $2,421.00.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of VCI Global in a research report on Monday, April 20th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has a consensus rating of “Sell”.

Hedge Funds Weigh In On VCI Global

A hedge fund recently bought a new position in VCI Global stock. Jane Street Group LLC acquired a new stake in shares of VCI Global Limited (NASDAQ:VCIG) during the fourth quarter, according to its most recent filing with the SEC. The fund acquired 47,075 shares of the company’s stock, valued at approximately $25,000. Jane Street Group LLC owned 0.78% of VCI Global as of its most recent filing with the SEC. Hedge funds and other institutional investors own 0.20% of the company’s stock.

About VCI Global

VCI Global, Inc (NASDAQ: VCIG) is a provider of outsourced receivables management and credit risk mitigation solutions for corporations, financial institutions and government agencies. The company offers end-to-end account administration services designed to streamline the order-to-cash cycle, helping clients improve cash flow, reduce days sales outstanding and mitigate credit risk across domestic and international markets.

VCI Global’s suite of services encompasses credit application processing, account setup, credit file creation, early-stage reconciliation and disputes management, cash application, and first- and third-party collections.