Minim (NASDAQ:FIEE) Issues Earnings Results

Minim (NASDAQ:FIEE) released its quarterly earnings data on Friday. The company reported $0.08 earnings per share for the quarter, FiscalAI reports. The company had revenue of $2.62 million during the quarter. Minim had a negative net margin of 105.18% and a negative return on equity of 1,144.78%.

Minim Stock Up 1.3%

Shares of Minim stock traded up $0.04 on Friday, reaching $2.83. The company’s stock had a trading volume of 1,971 shares, compared to its average volume of 162,361. The company has a market capitalization of $226,800.00, a P/E ratio of -0.53 and a beta of 1.81. Minim has a 52-week low of $1.50 and a 52-week high of $10.59. The stock has a 50-day moving average price of $3.46 and a 200-day moving average price of $4.94.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised shares of Minim from a “sell (d)” rating to a “hold (c-)” rating in a research note on Friday, September 25th. One analyst has rated the stock with a Hold rating. Based on data from MarketBeat, Minim currently has an average rating of “Hold”.

About Minim

Minim, Inc. is a technology company focused on connected-home and wireless networking solutions. Its business has centered on helping consumers and service providers manage home internet connectivity through hardware, software and cloud-based services. The company has offered products including Motorola-branded cable modems, Wi-Fi routers and mesh networking equipment, along with the Minim mobile application. Its software tools are designed to support network monitoring, device management, security features and troubleshooting for residential users.