OBOOK (NASDAQ:OWLS) Releases Earnings Results

OBOOK (NASDAQ:OWLS) announced its quarterly earnings data on Saturday. The company reported ($0.12) earnings per share for the quarter, FiscalAI reports. The company had revenue of $1.94 million for the quarter.

OBOOK Price Performance

Shares of NASDAQ OWLS opened at $5.63 on Monday. OBOOK has a twelve month low of $5.10 and a twelve month high of $90.00. The company’s fifty day moving average is $5.54 and its 200-day moving average is $5.75.

Institutional Trading of OBOOK

A hedge fund recently bought a new position in OBOOK stock. Geode Capital Management LLC purchased a new stake in OBOOK Holdings Inc. (NASDAQ:OWLS) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 36,325 shares of the company’s stock, valued at approximately $243,000.

Analysts Set New Price Targets

Separately, Weiss Ratings raised OBOOK from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Thursday, August 6th. One equities research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, OBOOK presently has a consensus rating of “Hold” and an average price target of $11.00.

OBOOK Company Profile

Our mission is to use blockchain technology to provide businesses with more reliable and transparent data management, to reinvent global flow of funds for businesses and consumers and to lead the digital transformation of business operations. We believe in the power of blockchain technology and have focused on leveraging it to optimize and in some cases transform the way enterprises operate. Established in 2010 in Taiwan, we operate as the OwlTing Group and have delivered solutions to various industries and are expanding actively into multiple markets including the United States, Japan, Singapore, Hong Kong, Malaysia and Thailand, as well as jurisdictions in South America and the EU.