iOThree (NASDAQ:IOTR – Get Free Report) posted its quarterly earnings results on Tuesday. The company reported ($0.22) earnings per share for the quarter, FiscalAI reports. The business had revenue of $3.68 million for the quarter.
iOThree Stock Performance
Shares of iOThree stock opened at $3.54 on Thursday. iOThree has a 52-week low of $1.51 and a 52-week high of $7.47. The company’s 50 day moving average price is $2.74 and its 200-day moving average price is $2.67.
Analyst Ratings Changes
Separately, Weiss Ratings upgraded iOThree from a “sell (d-)” rating to a “sell (d)” rating in a report on Friday, May 1st. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has an average rating of “Sell”.
About iOThree
We are a leading provider of maritime digital technologies including satellite connectivity and digitalization solutions in Singapore focused on facilitating the maritime industry towards digital transformation. Based on the Frost & Sullivan Report, as of March 31, 2024, we ranked fifth in the Singaporean market based on revenue from the provision of maritime connectivity and digital solutions with a market share of approximately 6.2%. Our company was established to adopt an innovative approach towards the management of solutions accustomed to contemporary needs and drive the digital evolution in the maritime industry.
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