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Locafy (NASDAQ:LCFY) Stock Price Up 0.1%

Defense World ·  Jan 19, 2023 02:31

Shares of Locafy Limited (NASDAQ:LCFY – Get Rating) rose 0.1% on Wednesday . The company traded as high as $8.98 and last traded at $8.98. Approximately 4,502 shares traded hands during trading, a decline of 60% from the average daily volume of 11,355 shares. The stock had previously closed at $8.97.

Locafy Trading Up 0.1 %

The stock has a fifty day moving average of $4.39 and a two-hundred day moving average of $1.87.

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Locafy (NASDAQ:LCFY – Get Rating) last posted its earnings results on Tuesday, November 8th. The company reported ($0.60) earnings per share for the quarter. The business had revenue of $0.96 million during the quarter.

Institutional Trading of Locafy

A hedge fund recently bought a new stake in Locafy stock. Jane Street Group LLC acquired a new stake in shares of Locafy Limited (NASDAQ:LCFY – Get Rating) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 62,554 shares of the company's stock, valued at approximately $146,000.

About Locafy

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Locafy Limited operates as a software-as-a-service company (SaaS) that specializes in local search engine marketing in Australia, Europe, the United States, and internationally. It focuses on commercializing its SaaS online publishing technology platform that comprises an integrated suite of solutions, such as listings, landing pages, locators, and marketplace for improving the local online presence for business owners.

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