CTW Cayman (NASDAQ:CTW) Issues Earnings Results

CTW Cayman (NASDAQ:CTW) posted its quarterly earnings results on Thursday. The company reported ($0.02) EPS for the quarter, FiscalAI reports. The company had revenue of $20.79 million during the quarter.

CTW Cayman Price Performance

Shares of NASDAQ CTW traded down $0.16 during midday trading on Thursday, reaching $1.83. 19,680 shares of the company’s stock traded hands, compared to its average volume of 32,099. The stock’s 50 day simple moving average is $2.36 and its 200-day simple moving average is $2.43. CTW Cayman has a one year low of $1.10 and a one year high of $3.14.

Wall Street Analyst Weigh In

Separately, Weiss Ratings upgraded shares of CTW Cayman from a “sell (d-)” rating to a “sell (d)” rating in a research report on Tuesday, September 1st. One research analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the stock has a consensus rating of “Sell”.

About CTW Cayman

CTW Cayman Limited is a holding company associated with CTW Inc, a Japan-based developer and operator of online games. Through its G123 platform, the company provides browser-based games that can be played without downloading dedicated applications.

The company’s games are generally based on popular anime and other entertainment properties and are offered through a free-to-play model, with revenue generated from in-game purchases and related digital content. Its platform is designed to support the development, publication and operation of games for users across desktop and mobile devices.

CTW serves players primarily in Japan and also distributes its games internationally.