Net Element, Inc. (NETE)

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Net Element Inc. NETE STOCK CRUSHED EARNINGS

(NASDAQ:NETE) issued its quarterly earnings results on Monday. The company reported ($0.46) earnings per share for the quarter. The firm earned $13.69 million during the quarter, compared to analysts’ expectations of $6.91 million.
Net Element (NASDAQ:NETE) traded down 4.89% on Monday, reaching $2.14. The company’s stock had a trading volume of 822,030 shares. The company has a 50 day moving average of $2.06 and a 200 day moving average of $2.48. The firm’s market capitalization is $24.45 million. Net Element has a 52 week low of $0.50 and a 52 week high of $4.60.