THUMZUP MEDIA (NASDAQ:DTCX) Announces Earnings Results

THUMZUP MEDIA (NASDAQ:DTCX) announced its quarterly earnings results on Tuesday. The company reported ($0.06) earnings per share for the quarter, Zacks reports. THUMZUP MEDIA had a negative net margin of 97.54% and a negative return on equity of 14.24%. The company had revenue of $1.74 million during the quarter.

THUMZUP MEDIA Stock Down 3.4%

DTCX traded down $0.04 on Thursday, hitting $1.00. 7,287 shares of the company traded hands, compared to its average volume of 307,404. THUMZUP MEDIA has a 12-month low of $0.90 and a 12-month high of $5.18. The company has a 50 day moving average of $1.61 and a 200-day moving average of $2.06. The stock has a market capitalization of $47.38 million, a PE ratio of -0.91 and a beta of 0.93.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings lowered THUMZUP MEDIA from a “sell (d-)” rating to a “sell (e-)” rating in a report on Thursday, October 8th. One analyst has rated the stock with a Sell rating. According to data from MarketBeat, THUMZUP MEDIA currently has an average rating of “Sell”.

THUMZUP MEDIA Company Profile

Thumzup Media Corporation develops a social media marketing platform designed to help businesses generate user-created promotional content. Through its Thumzup application, advertisers can create campaigns and offer rewards to users who post about participating brands on social media, subject to the company’s campaign terms and approval processes. The company’s platform is intended to connect advertisers with consumers through authentic, word-of-mouth-style recommendations. Its services include tools for launching and managing campaigns, monitoring user participation, and facilitating rewards for eligible social media posts.