MER Telemanagement Solutions Ltd. (NASDAQ:MTSL) posted its earnings results on Thursday. The technology company reported ($0.02) earnings per share for the quarter, MarketWatch Earnings reports. MER Telemanagement Solutions had a negative net margin of 44.94% and a negative return on equity of 27.89%. The business had revenue of $2.42 million during the quarter.
Shares of MER Telemanagement Solutions (MTSL) traded up 0.0000% during midday trading on Friday, hitting $0.6441. The stock had a trading volume of 1,350 shares. MER Telemanagement Solutions has a one year low of $0.45 and a one year high of $1.38. The firm has a 50 day moving average price of $0.55 and a 200 day moving average price of $0.65. The stock’s market cap is $5.60 million.
Separately, ValuEngine lowered shares of MER Telemanagement Solutions from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd.
About MER Telemanagement Solutions
Mer Telemanagement Solutions Ltd. is a provider of solutions for online video advertising and telecommunications expense management (TEM) used by enterprises, and billing solutions used by information and telecommunication service providers. The Company operates through three segments: Enterprise, Service Providers and Video Advertising.
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