THUMZUP MEDIA (NASDAQ:DTCX) Releases Quarterly Earnings Results

THUMZUP MEDIA (NASDAQ:DTCX) released its quarterly earnings results on Tuesday. The company reported ($0.06) earnings per share (EPS) for the quarter, Zacks reports. THUMZUP MEDIA had a negative return on equity of 27.02% and a negative net margin of 195.52%.

THUMZUP MEDIA Price Performance

Shares of THUMZUP MEDIA stock traded down $0.08 on Tuesday, hitting $0.94. The company had a trading volume of 76,040 shares, compared to its average volume of 309,806. The business has a 50-day simple moving average of $1.65 and a 200-day simple moving average of $2.07. The company has a market cap of $44.50 million, a PE ratio of -0.85 and a beta of 0.93. THUMZUP MEDIA has a 52 week low of $0.90 and a 52 week high of $5.18.

Wall Street Analyst Weigh In

Separately, Weiss Ratings downgraded shares of THUMZUP MEDIA from a “sell (d-)” rating to a “sell (e-)” rating in a report on Thursday, October 8th. One analyst has rated the stock with a Sell rating. According to MarketBeat, THUMZUP MEDIA has a consensus rating of “Sell”.

THUMZUP MEDIA Company Profile

Thumzup Media Corporation develops a social media marketing platform designed to help businesses generate user-created promotional content. Through its Thumzup application, advertisers can create campaigns and offer rewards to users who post about participating brands on social media, subject to the company’s campaign terms and approval processes. The company’s platform is intended to connect advertisers with consumers through authentic, word-of-mouth-style recommendations. Its services include tools for launching and managing campaigns, monitoring user participation, and facilitating rewards for eligible social media posts.