Steel Connect (NASDAQ:STCN) Issues Earnings Results

Steel Connect (NASDAQ:STCN) announced its quarterly earnings results on Thursday. The technology company reported $0.07 EPS for the quarter, RTT News reports. Steel Connect had a return on equity of 14.59% and a net margin of 50.53%.

Steel Connect Stock Performance

Shares of NASDAQ:STCN opened at $12.38 on Friday. The stock has a 50-day simple moving average of $10.63 and a 200-day simple moving average of $11.44. The stock has a market capitalization of $78.49 million, a P/E ratio of 4.03 and a beta of 0.25. Steel Connect has a 1 year low of $7.36 and a 1 year high of $13.00.

About Steel Connect

Steel Connect, Inc, together with its subsidiaries, provides supply chain services in the United States, Mainland China, Netherlands, and internationally. It offers product configuration and packaging, kitting, and assembly of components and parts into finished goods; and value-added processes, such as product testing, radio frequency identification tagging, product or service activation, language settings, personalization and engraving, multi-channel packaging, and packaging design services.