THUMZUP MEDIA (NASDAQ:DTCX) Releases Earnings Results

THUMZUP MEDIA (NASDAQ:DTCX) announced its quarterly earnings data on Tuesday. The company reported ($0.06) earnings per share (EPS) for the quarter, Zacks reports. THUMZUP MEDIA had a negative return on equity of 27.02% and a negative net margin of 195.52%.

THUMZUP MEDIA Stock Down 7.5%

DTCX stock opened at $0.94 on Wednesday. The stock’s 50 day simple moving average is $1.63 and its 200 day simple moving average is $2.06. THUMZUP MEDIA has a fifty-two week low of $0.90 and a fifty-two week high of $5.18.

Wall Street Analyst Weigh In

Separately, Weiss Ratings lowered shares of THUMZUP MEDIA from a “sell (d-)” rating to a “sell (e-)” rating in a research report on Thursday, October 8th. One research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the stock has an average rating of “Sell”.

THUMZUP MEDIA Company Profile

Thumzup Media Corporation develops a social media marketing platform designed to help businesses generate user-created promotional content. Through its Thumzup application, advertisers can create campaigns and offer rewards to users who post about participating brands on social media, subject to the company’s campaign terms and approval processes. The company’s platform is intended to connect advertisers with consumers through authentic, word-of-mouth-style recommendations. Its services include tools for launching and managing campaigns, monitoring user participation, and facilitating rewards for eligible social media posts.