Minim (NASDAQ:FIEE) Stock Price Down 15% – Here’s Why

Minim, Inc. (NASDAQ:FIEE) dropped 15% during mid-day trading on Monday . The company traded as low as $3.62 and last traded at $3.75. Approximately 20,917 shares were traded during trading, a decline of 76% from the average daily volume of 85,882 shares. The stock had previously closed at $4.41.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded shares of Minim to a “buy” rating in a report on Saturday, March 7th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Sell”.

Minim Price Performance

The stock has a market capitalization of $300,000.00, a price-to-earnings ratio of -0.71 and a beta of 1.81. The business’s fifty day moving average price is $6.56 and its 200-day moving average price is $5.26.

Minim (NASDAQ:FIEE) last released its quarterly earnings results on Thursday, April 30th. The company reported $0.02 earnings per share for the quarter. Minim had a negative net margin of 105.18% and a negative return on equity of 1,144.78%. The business had revenue of $2.12 million for the quarter.

About Minim

Minim, Inc (NASDAQ:FIEE) is a technology company specializing in network intelligence and security solutions for service providers, managed service providers (MSPs) and enterprise customers. The company’s core offering is a cloud-based platform that centralizes network management, device monitoring and automated troubleshooting across wired and wireless infrastructure. By leveraging machine learning and analytics, Minim aims to simplify onboarding, optimize performance and reduce operational costs for broadband providers and IT teams.

Minim’s software suite provides real-time visibility into network health, topology mapping and usage metrics, along with integrated security features designed to detect and block threats at the network edge.