Micware (NASDAQ:MWC) Releases Quarterly Earnings Results

Micware (NASDAQ:MWC – Get Free Report) posted its earnings results on Tuesday. The company reported $0.03 earnings per share (EPS) for the quarter, FiscalAI reports. The firm had revenue of $33.22 million during the quarter.

Micware Trading Up 12.8%

MWC traded up $0.15 during midday trading on Tuesday, hitting $1.32. The company had a trading volume of 140,944 shares, compared to its average volume of 646,144. The firm has a 50-day moving average price of $1.58. Micware has a twelve month low of $0.78 and a twelve month high of $13.95. The company has a current ratio of 1.66, a quick ratio of 1.65 and a debt-to-equity ratio of 0.31.

Analyst Ratings Changes

Separately, Weiss Ratings raised shares of Micware from a “sell (e-)” rating to a “sell (e)” rating in a research report on Monday, November 2nd. One investment analyst has rated the stock with a Sell rating. According to data from MarketBeat, the company currently has a consensus rating of “Sell”.

View Our Latest Stock Analysis on Micware

Micware Company Profile

(Get Free Report)

Micware Co. Ltd. is a provider of software development services and an IT solution mainly focused on the automotive and mobility sectors. The Company is primarily engaged in the development and sale of IVI systems covering multimedia, navigation, human machine interface, telematics, and driver assistance, as well as navigation software and location information-based smartphone applications. Micware Co. Ltd. is based in KOBE, Japan.

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