Snail’s (SNAL) “Sell (E+)” Rating Reiterated at Weiss Ratings

Weiss Ratings reissued their sell (e+) rating on shares of Snail (NASDAQ:SNAL) in a research report report published on Tuesday morning,Weiss Ratings reports.

Snail Stock Performance

Shares of NASDAQ:SNAL opened at $1.03 on Tuesday. Snail has a 52 week low of $0.64 and a 52 week high of $3.42. The company has a market capitalization of $38.33 million, a PE ratio of -2.24 and a beta of 0.50. The company has a 50 day moving average price of $0.99 and a two-hundred day moving average price of $1.09.

Snail (NASDAQ:SNAL) last issued its earnings results on Tuesday, August 19th. The company reported $1.13 EPS for the quarter, beating the consensus estimate of ($0.01) by $1.14. Snail had a negative net margin of 4.80% and a negative return on equity of 1,183.47%. The firm had revenue of $26.00 million during the quarter, compared to the consensus estimate of $26.00 million. On average, sell-side analysts forecast that Snail will post 0.09 earnings per share for the current year.

Institutional Investors Weigh In On Snail

A hedge fund recently bought a new stake in Snail stock. Evergreen Capital Management LLC acquired a new position in shares of Snail, Inc. (NASDAQ:SNAL) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 43,114 shares of the company’s stock, valued at approximately $59,000. Evergreen Capital Management LLC owned approximately 0.12% of Snail as of its most recent SEC filing. Institutional investors own 0.36% of the company’s stock.

About Snail

Snail, Inc, together with its subsidiaries, researches, develops, markets, publishes, and distributes interactive digital entertainment for consumers worldwide. It offers games, content, and support for various platforms, including game consoles, personal computers, mobile phones, and tablets. Snail, Inc was founded in 2009 and is headquartered in Culver City, California.