Net Element (NETE) Stock Price, News & Analysis

Company Overview

Net Element, Inc. provides solutions that supports electronic payments acceptance in a multi-channel environment including point-of-sale, e commerce, and mobile devices. It operates through the following segments: North America Transaction Solutions, International Transaction Solutions, and Corporate Expenses & Eliminations. The North America Transaction Solutions segment provides technology and services to businesses that are required to accept cashless transactions, mobile payment services, merchant performance analytical tools, and merchant back office reporting. The International Transaction Solutions segment provides online and mobile commerce solutions for merchants including social networks, game developers, online magazines, mobile applications and digital media operators. The company was founded on April 20, 2010 and is headquartered in North Miami Beach, FL.

Key Stats

• Today's Range: N/A
• 50-Day Range: $7.14 to $13.09
• 52-Week Range: N/A
• Volume: 44,501 shs
• Average Volume: 443,629 shs
• Market Capitalization: $70.74 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

NETE Stock Analysis - Frequently Asked Questions

How were Net Element's earnings last quarter?

Net Element, Inc. (NASDAQ:NETE) announced its quarterly earnings results on Sunday, August, 15th. The company reported $0.05 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.03) by $0.08. The firm earned $33.29 million during the quarter, compared to the consensus estimate of $24 million. Net Element had a negative net margin of 2.88% and a negative trailing twelve-month return on equity of 48.77%.

When did Net Element's stock split?

Shares of Net Element reverse split on Thursday, October 5th 2017. The 1-10 reverse split was announced on Wednesday, October 4th 2017. The number of shares owned by shareholders was adjusted after the closing bell on Wednesday, October 4th 2017. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

What other stocks do shareholders of Net Element own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Net Element investors own include OPKO Health (OPK), NVIDIA (NVDA), Novavax (NVAX), General Electric (GE), Pfizer (PFE), NIO (NIO) and Inovio Pharmaceuticals (INO).

Company Calendar

• Last Earnings: 8/15/2021
• Today: 11/04/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Retail/Wholesale
• Industry: Data Processing & Preparation
• Sub-Industry: N/A
• Current Symbol: NASDAQ:NETE
• CUSIP: N/A
• CIK: 1499961
• Web: www.netelement.com
• Phone: (305) 507-8808
• Fax: 786-272-0696
• Employees: 62
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($0.73)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-5,940,000.00
• Net Margins: -2.88%
• Pretax Margin: -2.92%
• Return on Equity: -48.77%
• Return on Assets: -7.33%

Debt

• Debt-to-Equity Ratio: 1.37
• Current Ratio: 1.19
• Quick Ratio: 1.19

Sales & Book Value

• Annual Sales: $65.71 million
• Price / Sales: 0.00
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.51 per share
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 5,404,000
• Free Float: 4,691,000
• Market Cap: $70.74 million
• Optionable: Not Optionable
• Beta: 1.97