SWK (NASDAQ:SWKH) Posts Quarterly Earnings Results, Hits Estimates

SWK (NASDAQ:SWKH) announced its quarterly earnings results on Wednesday. The company reported $0.94 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.94, reports. The firm had revenue of $12.36 million during the quarter, compared to analysts’ expectations of $9.70 million. SWK had a net margin of 26.51% and a return on equity of 5.07%.

SWK Stock Up 6.7 %

Shares of SWK stock opened at $17.50 on Friday. SWK has a one year low of $15.14 and a one year high of $18.49. The company has a debt-to-equity ratio of 0.11, a current ratio of 5.06 and a quick ratio of 5.06. The stock’s 50-day moving average is $16.56 and its 200 day moving average is $16.53. The firm has a market cap of $214.08 million, a price-to-earnings ratio of 18.82 and a beta of 0.40.

About SWK

SWK Holdings Corporation, offers specialty finance and asset management services in the United States. It operates in two segments, Finance Receivables and Pharmaceutical Development. The Finance Receivables segment provides customized financing solutions to a range of life science companies, including companies in the biotechnology, medical device, medical diagnostics and related tools, animal health, and pharmaceutical industries, as well as institutions and inventors.