Fiverr International (NYSE:FVRR – Get Rating) released its quarterly earnings data on Thursday. The company reported $0.12 EPS for the quarter, beating analysts’ consensus estimates of $0.09 by $0.03, Briefing.com reports. The company had revenue of $85.00 million during the quarter, compared to the consensus estimate of $86.71 million. Fiverr International had a negative net margin of 28.46% and a negative return on equity of 29.02%. Fiverr International’s quarterly revenue was up 12.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.17) EPS.
Fiverr International Stock Down 0.5 %
Shares of NYSE:FVRR traded down $0.19 during mid-day trading on Friday, reaching $40.05. 978,969 shares of the company were exchanged, compared to its average volume of 1,067,430. The company has a debt-to-equity ratio of 1.75, a quick ratio of 2.33 and a current ratio of 2.33. The firm’s 50-day simple moving average is $36.62 and its 200 day simple moving average is $55.70. Fiverr International has a 1 year low of $29.04 and a 1 year high of $210.55.
Hedge Funds Weigh In On Fiverr International
Hedge funds have recently made changes to their positions in the stock. Bank of New York Mellon Corp boosted its position in shares of Fiverr International by 5.4% during the 1st quarter. Bank of New York Mellon Corp now owns 56,619 shares of the company’s stock worth $4,308,000 after purchasing an additional 2,891 shares during the period. Power Corp of Canada purchased a new position in shares of Fiverr International during the 1st quarter worth approximately $304,000. Neuberger Berman Group LLC purchased a new position in shares of Fiverr International during the 1st quarter worth approximately $229,000. Finally, Industrial Alliance Investment Management Inc. purchased a new position in shares of Fiverr International during the 1st quarter worth approximately $134,000. Hedge funds and other institutional investors own 57.26% of the company’s stock.
Wall Street Analysts Forecast Growth
Fiverr International Company Profile
Fiverr International Ltd. operates an online marketplace worldwide. Its platform enables sellers to sell their services and buyers to buy them. The company's platform includes approximately 550 categories in nine verticals, including graphic and design, digital marketing, writing and translation, video and animation, music and audio, programming and technology, business, data, and lifestyle.
- Get a free copy of the StockNews.com research report on Fiverr International (FVRR)
- MarketBeat: Week in Review 8/1 – 8/5
- How to Use High Beta Stocks to Maximize Your Investing Profits
- Cronos Group Inc’s Revenues Are Up, Is It Time to Buy?
- Beyond Meat Is Not Beyond Hope, And It’s Cheap
- Why Apple Could Be At All-Time Highs By Year End
Receive News & Ratings for Fiverr International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fiverr International and related companies with MarketBeat.com's FREE daily email newsletter.