QuoteMedia (OTCMKTS:QMCI) Releases Earnings Results

QuoteMedia (OTCMKTS:QMCI) issued its earnings results on Thursday. The company reported ($0.01) earnings per share for the quarter, Zacks reports. The business had revenue of $5.53 million for the quarter, compared to the consensus estimate of $5.52 million.

QuoteMedia Trading Down 9.0%

QMCI traded down $0.02 on Friday, reaching $0.16. The company had a trading volume of 55,500 shares, compared to its average volume of 20,385. The company has a fifty day moving average of $0.15 and a 200-day moving average of $0.15. The company has a market capitalization of $14.48 million, a P/E ratio of -5.33 and a beta of 0.03. QuoteMedia has a one year low of $0.13 and a one year high of $0.18.

Analysts Set New Price Targets

Separately, Zacks Research raised shares of QuoteMedia to a “hold” rating in a report on Thursday, April 9th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has a consensus rating of “Hold”.

About QuoteMedia

QuoteMedia, Inc is a Canada-based provider of digital market data and financial content solutions, founded in 1999 and headquartered in Montreal, Quebec. The company specializes in aggregating real-time and historical market information from major exchanges in North America and beyond, offering a range of delivery options to suit client needs. Its cloud-based infrastructure supports high-volume streaming and on-demand access to equity, ETF, mutual fund and fixed-income data.

The firm’s core product suite includes streaming quote and charting services, RESTful and WebSocket APIs, embeddable financial widgets and customizable portfolio-management tools.