Published on 21 Jul 2023 on Zacks via Yahoo Finance
Tingo Group, Inc. (TIO) Flat As Market Gains: What You Should Know
In the latest trading session, Tingo Group, Inc. (TIO) closed at $1.38, marking no change from the previous day. This change lagged the S&P 500's daily gain of 0.03%. At the same time, the Dow added 0.01%, and the tech-heavy Nasdaq lost 1.37%.
Coming into today, shares of the company had gained 14.05% in the past month. In that same time, the Business Services sector gained 2.68%, while the S&P 500 gained 3.43%.
Investors will be hoping for strength from Tingo Group, Inc. as it approaches its next earnings release. The company is expected to report EPS of $0.39, up 657.14% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $915 million, up 7550.5% from the year-ago period.