Prestige Wealth (NASDAQ:AURE) Announces Quarterly Earnings Results

Prestige Wealth (NASDAQ:AURE) issued its quarterly earnings results on Monday. The company reported ($0.72) EPS for the quarter, Zacks reports.

Prestige Wealth Price Performance

Prestige Wealth stock traded up $0.03 during mid-day trading on Monday, hitting $1.73. 1,155 shares of the company’s stock traded hands, compared to its average volume of 84,657. The company has a debt-to-equity ratio of 0.36, a quick ratio of 59.95 and a current ratio of 59.95. The company has a 50 day moving average of $2.18. Prestige Wealth has a fifty-two week low of $1.25 and a fifty-two week high of $14.60. The stock has a market capitalization of $59.69 million, a PE ratio of -1.92 and a beta of 2.38.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings cut Prestige Wealth from a “sell (d)” rating to a “sell (d-)” rating in a research note on Monday, July 20th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has an average rating of “Sell”.

About Prestige Wealth

Through our subsidiaries, we are a wealth management and asset management services provider based in Hong Kong, with the majority of our subsidiaries’ operations in Hong Kong. Our subsidiaries assist their clients in identifying and purchasing well matched wealth management products and global asset management products. Our subsidiaries’ clients for both wealth management and asset management services are primarily high net worth and ultra-high net worth individuals in Asia, and a majority of our subsidiaries’ clients reside in mainland China or Hong Kong.