Shares of Netshoes (CAYMAN) Ltd (NYSE:NETS) saw unusually-strong trading volume on Wednesday . Approximately 961,091 shares changed hands during mid-day trading, an increase of 356% from the previous session’s volume of 210,634 shares.The stock last traded at $3.44 and had previously closed at $3.04.
Separately, ValuEngine raised shares of Netshoes (CAYMAN) from a “hold” rating to a “buy” rating in a report on Monday, April 15th.
The company has a quick ratio of 0.38, a current ratio of 0.79 and a debt-to-equity ratio of 2.53.
ILLEGAL ACTIVITY NOTICE: This piece of content was originally posted by Chaffey Breeze and is the sole property of of Chaffey Breeze. If you are reading this piece of content on another site, it was illegally stolen and reposted in violation of US & international copyright & trademark legislation. The original version of this piece of content can be viewed at https://www.chaffeybreeze.com/2019/06/12/netshoes-cayman-nysenets-sees-strong-trading-volume.html.
About Netshoes (CAYMAN) (NYSE:NETS)
Netshoes (Cayman) Limited, through its subsidiaries, operates as a sports and lifestyle online retailer in Brazil and internationally. It offers various products, including athletic shoes, jerseys, apparels, accessories, and sporting equipment of international, local, and private brands, as well as fashion primarily under the Netshoes and Zattini brands.
Featured Story: How much can an individual set aside as a catch-up contribution?
Receive News & Ratings for Netshoes (CAYMAN) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Netshoes (CAYMAN) and related companies with MarketBeat.com's FREE daily email newsletter.