NETE - Net Element, Inc.

NasdaqCM - NasdaqCM Real Time Price. Currency in USD
5.39
-0.76 (-12.36%)
At close: 4:00PM EDT
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Previous Close6.15
Open5.90
Bid0.00 x 3100
Ask0.00 x 1100
Day's Range5.12 - 5.90
52 Week Range3.47 - 33.51
Volume611,189
Avg. Volume245,210
Market Cap20.853M
Beta (3Y Monthly)-0.79
PE Ratio (TTM)N/A
EPS (TTM)-2.73
Earnings DateAug 14, 2017 - Aug 18, 2017
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est90.70
Trade prices are not sourced from all markets
  • MarketWatch2 days ago

    Net Element's stock rockets after launching payment service aimed at cannabis industry

    Shares of Net Element Inc. rocketed 63% in active morning trade Monday, after the Florida-based payments-as-a-service company said its Unified Payments subsidiary launched a "secure and compliant" payment processing offering for the legal cannabis industry. Volume jumped to 4.1 million shares, compared with the full-day average of about 81,000 shares. The company said payment processing for the growing legal cannabis industry has become increasingly complex, given that cannabis is still federally illegal, so Unified Payments is looking to address the challenges with a simple, yet compliant, payment option. "We are excited to launch a legal cannabis payment acceptance solution to meet the needs of sales partners and merchants for this emerging market," said Vlad Sadovskiy, president of integrated payments at Net Element. The stock had shot up as much as 164% to a 7-month high of $10.60 before paring some gains. It was still down 38% year to date, while the S&P 500 has gained 3.2%.

  • GlobeNewswire2 days ago

    Net Element's Unified Payments Launches Compliant Payments Solution for the Legal Cannabis Industry

    New secure and regulatory compliant offering targets the fast growing CBD industry MIAMI, FL, Oct. 22, 2018 -- via NEWMEDIAWIRE -- Net Element, Inc. (NASDAQ: NETE) (“Net.

  • GlobeNewswire14 days ago

    Net Element's Unified Payments Partners with VIP Systems to Launch Seamless Payments for the Hospitality Industry

    MIAMI, FL , Oct. 10, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Net Element, Inc. (NASDAQ: NETE) (“Net Element” or the “Company”), a global technology and value-added solutions group that supports electronic payments acceptance in a multi-channel environment including point-of-sale (“POS”), e-commerce and mobile devices, announced that it has entered into a partnership with VIP Systems, an advanced technology integrator in the hospitality industry to launch VIP Payments, a seamless payment processing offering aimed at the travel and hospitality industry. VIP Systems is a preferred technology integrator for Marriott International, Choice Hotels International, Simon Property Group, Hotwire Communications, Morgans Hotel Group, InterContinental Hotels Group and Related Group to name a few.

  • Zacks Small Cap Research20 days ago

    NETE: Net Element Plans to Bring Third Party Bank Processing to Russia in Partnership with Sputnik Bank

    Yesterday Net Element (NETE) announced a memo of understanding with Sputnik Bank of Russia to launch a new business offering third party processing to other banks in Russia. In return for Net Element’s expertise, Sputnik will give Net Element 25% of its outstanding stock and potentially, a per transaction fee. This agreement will not be finalized until its passes regulatory approval in Russia, which is expected some time in the fourth quarter of 2018.

  • GlobeNewswire22 days ago

    Net Element to Joint Venture with Bank Sputnik in Launching New Payment Processing Center

    MIAMI, FL, Oct. 02, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Net Element, Inc. (NASDAQ: NETE) (“Net Element” or the “Company”), a global technology and value-added solutions group that supports electronic payments acceptance in a multi-channel environment including point-of-sale (“POS”), e-commerce and mobile devices, announced that it has entered into a memorandum of understanding with Bank Sputnik to launch a technology platform expected to provide a suite of frictionless payment acceptance services for financial institutions and value-added providers. Bank Sputnik provides a full range of banking services to businesses.  The payment processing center would integrate Bank Sputnik’s expertise in enabling secure globally interoperable financial transactions with Net Element’s expertise in developing frictionless value-added payment acceptance services.

  • GlobeNewswire29 days ago

    Market Trends Toward New Normal in Eros International, Federated Investors, Oaktree Capital Group, Civeo, Potbelly, and Net Element — Emerging Consolidated Expectations, Analyst Ratings

    NEW YORK, Sept. 25, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.

  • Thomson Reuters StreetEvents2 months ago

    Edited Transcript of NETE earnings conference call or presentation 15-Aug-18 12:30pm GMT

    Q2 2018 Net Element Inc Earnings Call

  • GlobeNewswire2 months ago

    Payment Club Announces $7 Million Financing to Create a Leading Subscription Based Company in the Payments Industry

    DOVER, DE, Aug. 24, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Payment Club, Inc. (“Payment Club” or the “Company”), a subscription-based payment service provider that offers payment processing and value-added point-of-sale (“POS”) services to merchants through simple membership pricing plans, today announced that it has completed a $7 million financing led by its co-founders in partnership with Unified Payments, subsidiary of Net Element (NETE) and its institutional investor. The financing was led by Payment Club’s co-founders with $2 million in equity.

  • Zacks Small Cap Research2 months ago

    NETE: Net Element Announces Deals That Should Improve Gross Margin

    Since Q2 ended, the Net Element (NETE) announced two deals that should improve revenues and margins immediately. On July 31, 2018, Net Element acquired a portfolio from a partner for $2.7 million. Revenues from this portfolio had already been included in Net Element’s income statement, however now as the owner, Net Element will no longer pay the partner which will reduce the company cost of sales and increase gross margins in the North American segment.

  • GlobeNewswire2 months ago

    Net Element Reports Second Quarter and First Half 2018 Financial Results and Provides Business Update

    MIAMI, Aug. 14, 2018-- Net Element, Inc., a global technology and value-added solutions group that supports electronic payments acceptance in a multi-channel environment including point-of-sale, e-commerce ...

  • GlobeNewswire2 months ago

    Net Elements Unified Payments Launches Subscription-Based Payment Processing Services for Small Businesses

    MIAMI, FL, Aug. 09, 2018 (GLOBE NEWSWIRE) --  Net Element, Inc. (NASDAQ: NETE) (“Net Element” or the “Company”), a global technology and value-added solutions group that supports electronic payments acceptance in a multi-channel environment including point-of-sale (“POS”), e-commerce and mobile devices, announces the launch of subscription-based payment processing offering aimed at small businesses in the United States. The subscription economy has taken commerce by storm. According to MGI Research, the total addressable market for Subscription Economy technology providers will reach $102 billion by 2020.

  • ACCESSWIRE3 months ago

    SeeThruEquity Issues Update on Net Element, Inc.

    NEW YORK, NY / ACCESSWIRE / August 6, 2018 / SeeThruEquity, a leading independent equity research and corporate access firm focused on smallcap and microcap public companies, today announced that it has issued an update on Net Element, Inc. (NETE). The note is available here: NETE August 2018 Update Note. Net Element, Inc. (Nasdaq CM: NETE, "Net Element") is a global financial technology and value-added solutions company that supports payment technology solutions, online payments and value-added transactional services in emerging countries and in the United States.

  • GlobeNewswire3 months ago

    Net Element Announces Acquisition of Recurring Cash Flow Portfolio

    Net Element, Inc. (NASDAQ: NETE) (“Net Element” or the “Company”), a global technology and value-added solutions group that supports electronic payments acceptance in a multi-channel environment including point-of-sale (“POS”), e-commerce and mobile devices, announced today it has acquired certain transactional services portfolio (cash flow assets) from Universal Payment Systems (“UPS”). “The transactional services portfolio acquisition deepens our relationship with UPS, which has been very positive for both organizations.

  • GlobeNewswire3 months ago

    Market Trends Toward New Normal in Net Element, Sysco, Maximus, Axis Capital, Nuance Communications, and ProPetro Holding — Emerging Consolidated Expectations, Analyst Ratings

    NEW YORK, July 31, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Net ...

  • ACCESSWIRE3 months ago

    Free Daily Technical Summary Reports on Snap and Three Other Internet Stocks

    LONDON, UK / ACCESSWIRE / July 12, 2018 / If you want a free Stock Review on SNAP sign up now at www.wallstequities.com/registration. WallStEquities.com redirects investors' attention to the Internet Software and Services industry, which includes companies that develop and market Internet software or provide Internet services such as online databases and interactive services, Web address registration services, database construction, and Internet design services. In this morning's lineup are these four stocks: Net Element Inc. (NASDAQ: NETE), SINA Corp. (NASDAQ: SINA), Snap Inc. (NYSE: SNAP), and Square Inc. (NYSE: SQ).

  • Have Investors Priced In Net Element Inc’s (NASDAQ:NETE) Growth?
    Simply Wall St.4 months ago

    Have Investors Priced In Net Element Inc’s (NASDAQ:NETE) Growth?

    Net Element Inc (NASDAQ:NETE), a internet company based in United States, saw a decent share price growth in the teens level on the NasdaqCM over the last few months. AsRead More...

  • ACCESSWIRE4 months ago

    Small Fintech Company Has Potentially Groundbreaking Plans for Blockchain Technology

    HENDERSON, NV / ACCESSWIRE / June 21, 2018 / There are both challenges and opportunities in the digital era of cryptocurrencies for both banks and fintech companies. APT Systems Inc (APTY) believes its stable coin concept, named SperaSM helps to maintain trust in fiat currencies while also providing lower risk entry points for banks wanting into the game of a decentralized services economy. Financial institutions can still remain largely relevant by helping APT Systems and its effort to promote fiat currency as one trusted source backing parts of our increasingly digital economy.

  • Newsfile4 months ago

    NetworkNewsAudio Announces Audio Press Release (APR) on Net Element, Inc. Providing Novel Solutions for Increasingly Complex Payments Industry

    New York, New York--(Newsfile Corp. - June 15, 2018) - NetworkNewsAudio announces the Audio Press Release (APR) titled "Growing Global Payments Industry Encourages Bold New Approaches to Transactions," featuring Net Element, Inc. (NASDAQ: NETE). To hear the NetworkNewsAudio version, visit http://nnw.fm/5cXxYTo read the original editorial, visit http://nnw.fm/t2Jb7Net Element's recently released payments platform, Netevia, is built on this technology. Part of a set of recently announced blockchain solutions, it will provide a system in which merchants ...

  • ACCESSWIRE5 months ago

    Free Research Reports on SNAP Inc. and Three More Internet Stocks

    LONDON, UK / ACCESSWIRE / June 5, 2018 / If you want a free Stock Review on SNAP sign up now at www.wallstequities.com/registration. On Monday, June 04, 2018, the NASDAQ Composite, the Dow Jones Industrial Average, and the S&P 500 edged higher at the closing bell. Seven out of nine sectors ended Monday's trading session in bullish territories.

  • How Did Net Element Inc’s (NASDAQ:NETE) Earnings Growth Stack Up Against The Industry?
    Simply Wall St.5 months ago

    How Did Net Element Inc’s (NASDAQ:NETE) Earnings Growth Stack Up Against The Industry?

    After reading Net Element Inc’s (NASDAQ:NETE) most recent earnings announcement (31 March 2018), I found it useful to look back at how the company has performed in the past andRead More...

  • Thomson Reuters StreetEvents5 months ago

    Edited Transcript of NETE earnings conference call or presentation 15-May-18 12:30pm GMT

    Q1 2018 Net Element Inc Earnings Call