Locafy Limited (NASDAQ:LCFY – Get Free Report)’s stock price dropped 4.2% during trading on Thursday . The company traded as low as $6.80 and last traded at $7.06. Approximately 15,885 shares were traded during mid-day trading, a decline of 96% from the average daily volume of 356,054 shares. The stock had previously closed at $7.37.
Locafy Trading Down 7.5 %
The stock’s fifty day moving average is $6.25 and its 200 day moving average is $5.25. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.92 and a current ratio of 0.92. The stock has a market cap of $9.02 million, a P/E ratio of -5.31 and a beta of 1.46.
Locafy Company Profile
Locafy Limited operates as a software-as-a-service company (SaaS) that specializes in search engine marketing in Australia, New Zealand, Europe, North America, and internationally. The company operates in three segments: Publishing, Direct Sales, and Reseller Sales. It focuses on commercializing its SaaS online publishing technology platform that comprises an integrated suite of solutions.
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