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Steel Connect (NASDAQ:STCN) Announces Quarterly Earnings Results

Steel Connect logo with Computer and Technology background

Steel Connect (NASDAQ:STCN - Get Free Report) announced its quarterly earnings results on Thursday. The technology company reported $0.07 EPS for the quarter, RTT News reports. Steel Connect had a return on equity of 14.59% and a net margin of 50.53%.

Steel Connect Stock Up 1.3 %

Shares of STCN stock traded up $0.16 during mid-day trading on Thursday, reaching $12.35. 5,004 shares of the company's stock traded hands, compared to its average volume of 14,185. The company's 50-day moving average price is $10.56 and its 200-day moving average price is $11.43. The company has a market cap of $78.30 million, a P/E ratio of 3.97 and a beta of 0.25. Steel Connect has a 12 month low of $7.36 and a 12 month high of $13.00.

Steel Connect Company Profile

(Get Free Report)

Steel Connect, Inc, together with its subsidiaries, provides supply chain services in the United States, Mainland China, Netherlands, and internationally. It offers product configuration and packaging, kitting, and assembly of components and parts into finished goods; and value-added processes, such as product testing, radio frequency identification tagging, product or service activation, language settings, personalization and engraving, multi-channel packaging, and packaging design services.

Further Reading

Earnings History for Steel Connect (NASDAQ:STCN)

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