Tenet Fintech Group (OTCMKTS:PKKFF) Posts Quarterly Earnings Results

Tenet Fintech Group (OTCMKTS:PKKFF) issued its earnings results on Wednesday. The company reported $0.01 EPS for the quarter, Zacks reports. Tenet Fintech Group had a negative return on equity of 563.34% and a negative net margin of 29.06%.

Tenet Fintech Group Trading Down 2.9%

Shares of Tenet Fintech Group stock opened at $0.17 on Wednesday. The business has a fifty day simple moving average of $0.10 and a two-hundred day simple moving average of $0.07. Tenet Fintech Group has a 1 year low of $0.02 and a 1 year high of $0.20. The company has a market capitalization of $67.74 million, a price-to-earnings ratio of -5.50 and a beta of 1.12. The company has a debt-to-equity ratio of 5.17, a current ratio of 1.00 and a quick ratio of 1.00.

Tenet Fintech Group Company Profile

Tenet Fintech Group Inc, through its subsidiaries, provides various analytics and AI-based services to small-and-medium businesses and financial institutions. It offers Business Hub, a global ecosystem where analytics and AI are used to create opportunities and facilitate B2B transactions among its members. The company was formerly known as Peak Fintech Group Inc and changed its name to Tenet Fintech Group Inc in November 2021. Tenet Fintech Group Inc was incorporated in 2008 and is headquartered in Toronto, Canada.