Onfolio (NASDAQ:ONFO) Posts Quarterly Earnings Results

Onfolio (NASDAQ:ONFO) issued its quarterly earnings data on Tuesday. The company reported ($0.11) earnings per share for the quarter, FiscalAI reports. Onfolio had a negative net margin of 17.18% and a negative return on equity of 43.97%. The firm had revenue of $2.03 million for the quarter.

Onfolio Trading Up 9.0%

ONFO opened at $0.76 on Thursday. The company has a quick ratio of 0.48, a current ratio of 0.49 and a debt-to-equity ratio of 0.48. The stock’s fifty day moving average is $0.60 and its two-hundred day moving average is $0.82. The company has a market capitalization of $3.89 million, a P/E ratio of -1.29 and a beta of 1.60. Onfolio has a 52 week low of $0.46 and a 52 week high of $1.95.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Onfolio in a report on Thursday, January 22nd. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Sell”.

About Onfolio

Onfolio Holdings, Inc acquires and develops internet businesses. It provides website management, digital, advertising, and content placement services on its websites; and product sales on various sites. The company was founded in 2019 and is based in Wilmington, Delaware.