Troika Media Group Inc (NASDAQ:TRKA) shares traded -37.50% lower at $0.34 on Wall Street last session.
In accordance with the data, 1 analysts cover Troika Media Group Inc (NASDAQ:TRKA). The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $37.50 and a low of $37.50, we find $37.50. Given the previous closing price of $0.54, this indicates a potential upside of 6844.44 percent. TRKA stock price is now -70.93% away from the 50-day moving average and -89.67% away from the 200-day moving average. The market capitalization of the company currently stands at $5.60M.
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It has been rated a hold by 0 analysts and a buy by 1. Brokers who have rated the stock have averaged $37.50 as their price target over the next twelve months.
In other news, Wolfe Lawrence Vincent, VP, Chief Operating Officer bought 76 shares of the company’s stock on Mar 10. The stock was bought for $479 at an average price of $6.30. Upon completion of the transaction, the VP, Chief Operating Officer now directly owns 76 shares in the company, valued at $25.84. A total of 2.79% of the company’s stock is owned by insiders.
Troika Media Group Inc (NASDAQ: TRKA) opened at $0.4000 on Friday. During the past 12 months, Troika Media Group Inc has had a low of $0.38 and a high of $24.75. As of last week, the company has a debt-to-equity ratio of 5.31, a current ratio of 0.59, and a quick ratio of 0.59. The fifty day moving average price for TRKA is $1.1415 and a two-hundred day moving average price translates $3.2221 for the stock.
The latest earnings results from Troika Media Group Inc (NASDAQ: TRKA) was released for Jun, 2023. The net profit margin was -15.54% and return on equity was -305.01% for TRKA. The company reported revenue of $58.69 million for the quarter, compared to $85.38 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -31.26 percent.
