Grow Capital (OTCMKTS:GRWC) Share Price Passes Above Fifty Day Moving Average – Here’s What Happened

Grow Capital, Inc. (OTCMKTS:GRWC) shares crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $0.22 and traded as high as $0.2401. Grow Capital shares last traded at $0.24, with a volume of 2,573 shares traded.

Grow Capital Stock Up 118.2%

The firm has a market capitalization of $36.60 million, a price-to-earnings ratio of -8.00 and a beta of 27.77. The stock’s fifty day moving average is $0.22 and its two-hundred day moving average is $0.23.

Grow Capital (OTCMKTS:GRWC) last issued its earnings results on Wednesday, May 20th. The financial services provider reported ($0.01) earnings per share for the quarter. The company had revenue of $1.10 million for the quarter.

About Grow Capital

Grow Capital, Inc operates in the financial technology sector. It provides software, technology, and services to financial services firms and advisors. The company's software suite delivers customized back office compliance, multi-pay commission processing, and new client application submission system, as well as digital engagement marketing services centric to financial services. It also provides software customization, licensing, and subscription service contracts, as well as ongoing customization and maintenance services; and ad hoc services, including web hosting, website development, and other complementary professional services.