Micronet Enertec (MICT) Releases Quarterly Earnings Results
Micronet Enertec (NASDAQ:MICT) released its earnings data on Thursday. The company reported ($0.22) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.01) by $0.21, Analyst Ratings.Net reports. The company had revenue of $6.60 million for the quarter, compared to the consensus estimate of $9.00 million.
Shares of Micronet Enertec (NASDAQ:MICT) opened at 2.9999 on Thursday. Micronet Enertec has a 1-year low of $2.65 and a 1-year high of $6.37. The stock has a 50-day moving average of $3.9 and a 200-day moving average of $4.4. The company’s market cap is $17.5 million.
Micronet Enertec Technologies, Inc, formerly formerly Lapis Technologies, Inc, operate through two Israel-based companies, Enertec Systems 2001 Ltd (NASDAQ:MICT), its wholly owned subsidiary, and Micronet Ltd (Micronet), in which it has a controlling interest.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.