Key Points
- CEO Dominic Benjamin James Wells bought 14,793 Onfolio shares on Dec. 31 at $0.73 each ( ~$10,799) after purchasing 59,707 shares on Dec. 30 at $0.65, bringing his total ownership to 1,240,000 shares (~$905,200), a 1.21% increase.
- Onfolio is a very small company (market cap ~$3.85 million) that reported a negative EPS of ($0.16), negative return on equity and net margin, and $2.74 million in quarterly revenue.
- Analyst sentiment is bearish—Weiss Ratings reissued a "sell (d-)" and the stock's consensus rating on MarketBeat is "Sell."
Onfolio Holdings Inc. (NASDAQ:ONFO - Get Free Report) CEO Dominic Benjamin James Wells acquired 14,793 shares of the stock in a transaction that occurred on Wednesday, December 31st. The shares were bought at an average price of $0.73 per share, for a total transaction of $10,798.89. Following the transaction, the chief executive officer owned 1,240,000 shares of the company's stock, valued at $905,200. This trade represents a 1.21% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink.
Dominic Benjamin James Wells also recently made the following trade(s):
- On Tuesday, December 30th, Dominic Benjamin James Wells bought 59,707 shares of Onfolio stock. The shares were bought at an average price of $0.65 per share, with a total value of $38,809.55.
Onfolio Price Performance
NASDAQ ONFO opened at $0.75 on Friday. The stock has a market capitalization of $3.85 million, a price-to-earnings ratio of -1.63 and a beta of 2.88. Onfolio Holdings Inc. has a 1-year low of $0.59 and a 1-year high of $1.95. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.49 and a quick ratio of 0.48. The business's fifty day moving average price is $0.86 and its 200-day moving average price is $1.01.
Onfolio (NASDAQ:ONFO - Get Free Report) last issued its quarterly earnings data on Friday, November 14th. The company reported ($0.16) EPS for the quarter. Onfolio had a negative return on equity of 43.97% and a negative net margin of 17.18%.The firm had revenue of $2.74 million during the quarter.
Analysts Set New Price Targets
Separately, Weiss Ratings reissued a "sell (d-)" rating on shares of Onfolio in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has an average rating of "Sell".
Read Our Latest Stock Analysis on Onfolio
Onfolio Company Profile
(
Get Free Report)
Onfolio Holdings, Inc acquires and develops internet businesses. It provides website management, digital, advertising, and content placement services on its websites; and product sales on various sites. The company was founded in 2019 and is based in Wilmington, Delaware.
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