Grow Capital (OTCMKTS:GRWC) Stock Price Crosses Above 50-Day Moving Average – What’s Next?

Grow Capital, Inc. (OTCMKTS:GRWC)’s stock price crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $0.22 and traded as high as $0.2401. Grow Capital shares last traded at $0.24, with a volume of 2,573 shares trading hands.

Grow Capital Trading Up 118.2%

The stock has a market capitalization of $36.60 million, a PE ratio of -8.00 and a beta of 29.21. The firm’s fifty day moving average price is $0.22 and its two-hundred day moving average price is $0.23.

Grow Capital (OTCMKTS:GRWC) last posted its earnings results on Wednesday, May 20th. The financial services provider reported ($0.01) earnings per share for the quarter. The firm had revenue of $1.10 million for the quarter.

About Grow Capital

Grow Capital, Inc operates in the financial technology sector. It provides software, technology, and services to financial services firms and advisors. The company's software suite delivers customized back office compliance, multi-pay commission processing, and new client application submission system, as well as digital engagement marketing services centric to financial services. It also provides software customization, licensing, and subscription service contracts, as well as ongoing customization and maintenance services; and ad hoc services, including web hosting, website development, and other complementary professional services.