Autoweb (NASDAQ:AUTO) announced its earnings results on Thursday. The information services provider reported ($0.15) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.17) by $0.02, Fidelity Earnings reports. Autoweb had a negative net margin of 27.41% and a negative return on equity of 51.92%. The business had revenue of $28.55 million during the quarter, compared to analyst estimates of $29.40 million.
Shares of AUTO traded up $0.08 during mid-day trading on Friday, reaching $2.52. The company’s stock had a trading volume of 8,300 shares, compared to its average volume of 25,333. The company’s fifty day moving average price is $2.66 and its two-hundred day moving average price is $3.05. The stock has a market cap of $32.34 million, a PE ratio of -2.29 and a beta of 0.19. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 0.08. Autoweb has a 52 week low of $1.90 and a 52 week high of $5.00.
In other Autoweb news, Director Matias De Tezanos bought 50,000 shares of Autoweb stock in a transaction dated Wednesday, August 14th. The shares were purchased at an average cost of $2.31 per share, with a total value of $115,500.00. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. 38.40% of the stock is owned by corporate insiders.
AutoWeb, Inc operates as a digital marketing company for the automotive industry in the United States. It assists automotive retail dealers and manufacturers to market and sell new and used vehicles to consumers through its programs. The company's products include new vehicle lead program, which allows consumers to submit requests for pricing and availability of specific makes and models; and used vehicle lead program, which allows consumers to search for used vehicles according to search parameters, such as price, make, model, mileage, year, and location of the vehicle.
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