Locafy (NASDAQ:LCFY) Stock Price Down 9.3% – Should You Sell?

Locafy Limited (NASDAQ:LCFYGet Free Report)’s stock price fell 9.3% during mid-day trading on Monday . The company traded as low as $4.40 and last traded at $4.51. 17,679 shares traded hands during trading, a decline of 95% from the average session volume of 344,202 shares. The stock had previously closed at $4.97.

Locafy Price Performance

The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.92 and a current ratio of 0.92. The business has a 50-day simple moving average of $6.64 and a 200 day simple moving average of $6.64. The firm has a market cap of $6.63 million, a P/E ratio of -3.90 and a beta of 1.58.

About Locafy

(Get Free Report)

Locafy Limited operates as a software-as-a-service company (SaaS) that specializes in search engine marketing in Australia, New Zealand, Europe, North America, and internationally. The company operates in three segments: Publishing, Direct Sales, and Reseller Sales. It focuses on commercializing its SaaS online publishing technology platform that comprises an integrated suite of solutions.

Further Reading

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