Luvu Brands (OTCMKTS:LUVU – Get Free Report) released its earnings results on Friday. The company reported $0.01 earnings per share for the quarter, Zacks reports. Luvu Brands had a negative net margin of 5.42% and a negative return on equity of 58.93%.
Luvu Brands Trading Down 13.6%
Shares of OTCMKTS:LUVU traded down $0.00 during midday trading on Friday, reaching $0.02. The company’s stock had a trading volume of 647,450 shares, compared to its average volume of 51,966. Luvu Brands has a fifty-two week low of $0.01 and a fifty-two week high of $0.05. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.55 and a current ratio of 1.24. The firm has a 50 day moving average price of $0.03 and a two-hundred day moving average price of $0.03. The firm has a market capitalization of $1.76 million, a price-to-earnings ratio of -1.15 and a beta of 1.33.
About Luvu Brands
Luvu Brands, Inc (OTCMKTS: LUVU) is a public holding company that operates a multi-channel grocery and consumer products distribution platform under the Angel Food Ministries brand. Through a network of community partner sites such as churches and civic centers, the company offers consumers access to branded grocery staples, fresh and frozen foods, home and personal care products at competitive prices.
The Angel Food Ministries division was originally founded in 1994 to provide affordable groceries in underserved communities.
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