Zedge (NYSEAMERICAN:ZDGE) posted its earnings results on Tuesday. The company reported ($0.02) earnings per share for the quarter, Morningstar.com reports. Zedge had a negative return on equity of 31.93% and a negative net margin of 30.84%.
Shares of Zedge (ZDGE) traded down $0.02 during midday trading on Wednesday, hitting $3.49. The company had a trading volume of 1,345 shares, compared to its average volume of 20,486. Zedge has a 52 week low of $1.65 and a 52 week high of $3.71. The company has a market capitalization of $33.19 and a PE ratio of -20.71.
Zedge, Inc is a provider of content distribution platforms, centered on self-expression, enabling both creators looking to promote their content and consumers utilizing such content to express their identity, feelings, tastes and interests. The Company’s platform enables consumers to personalize their mobile devices with free, ringtones, wallpapers, home screen application icons and notification sounds.
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