Quotient Technology (NYSE:QUOT) announced its quarterly earnings results on Wednesday. The technology company reported ($0.12) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.13) by $0.01, Briefing.com reports. The business had revenue of $114.83 million for the quarter, compared to analyst estimates of $109.73 million. Quotient Technology had a negative return on equity of 7.44% and a negative net margin of 7.12%. The company’s quarterly revenue was up 10.9% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.08) EPS.
Shares of Quotient Technology stock traded up $0.13 during trading on Friday, hitting $10.41. 505,677 shares of the company were exchanged, compared to its average volume of 630,391. The company has a quick ratio of 3.41, a current ratio of 3.41 and a debt-to-equity ratio of 0.53. Quotient Technology has a fifty-two week low of $6.92 and a fifty-two week high of $13.30. The stock has a market capitalization of $840.82 million, a price-to-earnings ratio of -43.38 and a beta of 0.01. The firm has a 50 day moving average price of $8.26 and a 200 day moving average price of $9.37.
In related news, insider Jason Young sold 7,500 shares of Quotient Technology stock in a transaction that occurred on Tuesday, September 17th. The stock was sold at an average price of $8.16, for a total transaction of $61,200.00. Following the completion of the transaction, the insider now directly owns 174,916 shares in the company, valued at approximately $1,427,314.56. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 10.00% of the company’s stock.
Quotient Technology Company Profile
Quotient Technology Inc, a digital marketing company, provides technology and services that offers integrated digital promotions and media programs for consumer packaged goods (CPGs) brands and retailers. The company offers programs across its network, including its flagship consumer brand Coupons.com and retail partners' properties.
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