Digipath (OTCMKTS:DIGP) issued its quarterly earnings results on Monday. The company reported ($0.01) earnings per share (EPS) for the quarter, Bloomberg Earnings reports. The business had revenue of $1.12 million during the quarter. Digipath had a negative return on equity of 79.39% and a negative net margin of 56.16%.
Shares of Digipath (OTCMKTS:DIGP) traded down $0.01 during midday trading on Tuesday, hitting $0.29. 58,800 shares of the stock were exchanged, compared to its average volume of 821,354. Digipath has a 12-month low of $0.15 and a 12-month high of $0.59.
Separately, ValuEngine raised shares of Digipath from a “sell” rating to a “hold” rating in a report on Wednesday, November 22nd.
COPYRIGHT VIOLATION WARNING: This piece of content was posted by American Banking News and is the sole property of of American Banking News. If you are reading this piece of content on another domain, it was copied illegally and reposted in violation of international copyright laws. The legal version of this piece of content can be accessed at https://www.americanbankingnews.com/2018/02/13/digipath-digp-issues-quarterly-earnings-results.html.
Digipath, Inc, together with its subsidiaries, provides cannabis related services in the United States. The company offers cannabis lab testing services in Las Vegas to Nevada licensed medical marijuana enterprises. It also provides a balanced and unbiased approach to cannabis news, interviews, and education with a news/talk radio show, app, national marijuana news Website, and social media presence focusing on the political, economic, medicinal, scientific, and cultural dimensions of medicinal and recreational marijuana industry.
Receive News & Ratings for Digipath Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Digipath and related companies with MarketBeat.com's FREE daily email newsletter.