Arena Group (NYSE:AREN) Trades Up 7.4%

Shares of Arena Group Holdings, Inc. (NYSE:AREN – Get Free Report ) rose 7.4% during trading on Monday. The company traded as low as $0.83 and last traded at $0.83. About 4,786 shares were traded during trading, down 94% from the average daily volume of 75,748 shares. Shares previously closed at $0.77.

Arena group trading up 7.4%

The firm has a market cap of $24.51 million, a price-to-earnings ratio of -0.15 and a beta of 0.01. The company’s fifty day moving average price is $0.85 and its 200 day moving average price is $1.02.

Arena Group (NYSE:AREN – Get Free Report ) last announced its earnings results on Friday, May 17th. The company reported ($0.48) earnings per share for the quarter. The firm had revenue of $28.94 million for the quarter.

Arena Group company profile

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Arena Group Holdings, Inc., together with its subsidiaries, operates digital media platforms in the United States and internationally. The Company provides the Platform, a proprietary online publishing platform that includes publishing tools, video platforms, social distribution channels, newsletter technology, machine learning content recommendations, notifications and other technologies.

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