Net Element Inc (NASDAQ:NETE) is at $4.13 seeing a daily low of $4.07 and high of $4.49. The change identifies the stock as one of the day’s most volatile.
Investors are a little more bearish recently if you look at the uptick in short interest. The stock saw a rise in short interest from September 29, 2017 to October 13, 2017 of 41.26%. Short interest grew from 144,762 to 204,493 over that timeframe. The days to cover decreased to 0.0 and the percentage of shorted shares is 0.08% as of October 13.
Earnings Per Share
Net Element Inc’s P/E ratio is N/A and the market cap is 9.94M. In the latest earnings report the EPS was $-4.94 with 2.47M shares outstanding.
Net Element, Inc., launched on October 2, 2012, is a holding company that conducts its operations through its subsidiaries. The Company is a global transaction processing technology and value-added solutions company. It operates through segments, including North America Transaction Solutions, Mobile Solutions, Online Solutions and Corporate Expenses & Eliminations. Through TOT Group Russia and Net Element Russia, it provides transactional services, mobile payment transactions, online payment transactions and other payment technologies in countries in the Russian Federation, Commonwealth of Independent States (CIS), Europe and Asia..