NETE - Net Element, Inc.

NasdaqCM - NasdaqCM Real Time Price. Currency in USD
6.28
-0.22 (-3.38%)
At close: 4:00PM EST
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Previous Close6.50
Open6.57
Bid4.45 x 800
Ask6.75 x 2200
Day's Range6.23 - 6.65
52 Week Range3.67 - 33.51
Volume43,291
Avg. Volume286,233
Market Cap24.297M
Beta (3Y Monthly)0.95
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
  • Thomson Reuters StreetEventsyesterday

    Edited Transcript of NETE earnings conference call or presentation 15-Nov-18 1:30pm GMT

    Q3 2018 Net Element Inc Earnings Call

  • GlobeNewswire2 days ago

    Net Element Ranked as One of The Fastest Growing Companies in North America on Deloitte’s 2018 Technology Fast 500™

    MIAMI, FL, Nov. 16, 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, today announced that it ranked on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing companies in North America. Net Element grew 183% percent during this period.

  • Zacks Small Cap Research2 days ago

    NETE: Net Element’s 2019 Goal Is Reaching Profitability

    Net Element (NETE) continues to make progress growing revenues and reducing losses. Certainly the recent acquisition of JetPay at 2.9 times sales was a clear indication that a profitable processing business is valuable in the M&A market and highlights how undervalued Net Element is. With organic growth and new products such as third party processing for banks in Russia and a new cannabidiol vertical market offering, there could be added opportunity to accelerate revenues in 2019.

  • GlobeNewswire3 days ago

    Net Element Reports Third Quarter 2018 Financial Results and Provides Business Update

    Net revenues increased 19% for the quarter as compared to the prior year, loss per share narrows significantly over the same period last year MIAMI, Nov. 14, 2018 -- Net.

  • GlobeNewswire5 days ago

    CannabisNewsWire Announces Video Press Release (VPR) on Net Element, Inc. Grabbing Prime Opportunity to Expand Reach in Cannabis Market

    NEW YORK, Nov. 13, 2018 (GLOBE NEWSWIRE) -- via CannabisNewsWire -- CannabisNewsWire, a cannabis-focused wire, news and content distribution syndicate, announces the Video Press Release (VPR) titled "Payment Solutions Among Innovations in the Fast-Growing Cannabis Industry," featuring Net Element, Inc. (NETE). Fortunately, companies such as Net Element are positioning themselves to provide exactly what this underserved industry is looking for. VPR is a brand-new product offered by CannabisNewsWire to present press releases in an exciting video format.

  • Newsfile11 days ago

    CannabisNewsAudio Announces Audio Press Release (APR) on Net Element, Inc. Grabbing Prime Opportunity to Expand Reach in Cannabis Market

    New York , New York--(Newsfile Corp. - November 7, 2018) -  CannabisNewsAudio announces the Audio Press Release (APR) titled "Payment Solutions Among Innovations in the Fast-Growing Cannabis Industry," featuring Net Element, Inc. (NASDAQ: NETE).To hear the CannabisNewsAudio version, visit: http://cnw.fm/3YB3qTo read the full editorial, visit: http://cnw.fm/8NlgMIt's a good time for companies to expand their reach in the cannabis market, as Net Element is doing. The industry is experiencing a period of huge growth. According ...

  • GlobeNewswire11 days ago

    CannabisNewsAudio Announces Audio Press Release (APR) on Net Element, Inc. Eying Perfect Sector to Act on Its Vision

    NEW YORK, Nov. 07, 2018 (GLOBE NEWSWIRE) -- via CannabisNewsWire – CannabisNewsAudio announces the Audio Press Release (APR) titled “Payment Solutions Among Innovations in the Fast-Growing Cannabis Industry,” featuring Net Element, Inc. (NETE). While the majority of states now allow the legal sale of some form of cannabis or its derivatives within their boundaries, cannabis providers may still find it challenging to find payment options that allow mobile payments, offer value-added transactions, and are easy for both the business and the end user. Fortunately, companies such as Net Element are positioning themselves to provide exactly what this underserved industry is looking for.

  • GlobeNewswire12 days ago

    CannabisNewsWire Announces Publication on Anticipated Growth Driving Constant Innovation in the Cannabis Industry

    NEW YORK, Nov. 06, 2018 (GLOBE NEWSWIRE) -- via CannabisNewsWire – CannabisNewsWire ("CNW"), a multifaceted financial news and publishing company, today announces the publication of an editorial featuring Net Element, Inc. (NETE), a client of CNW that operates a payments-as-a-service transactional and value-added services platform. The challenge — and opportunity — with cannabis payment processing is significant enough to have drawn in businesses from outside the sector, such as global technology company Net Element (NETE).

  • GlobeNewswire12 days ago

    Net Element Launches Aptito on the World’s First Smart Payment Terminal

    MIAMI, FL, Nov. 06, 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, announces the launch of Aptito, its comprehensive POS solution on PoyntSmart Payment Terminal. Through this collaboration with Poynt, Net Element moves one step closer to its goal of helping merchants transact seamlessly across multiple touch points.

  • Benzinga15 days ago

    A Complete List Of NYSE And NASDAQ-Listed Cannabis Companies

    As the cannabis industry keeps pushing forward, more companies are moving to list their stock on a major U.S. exchange like the NYSE or NASDAQ. On Friday, Canadian medical marijuana producer Aphria Inc ...

  • Benzinga19 days ago

    Trader Blog: October Volatility Brings More Opportunities

    Monday, which was admittedly one of my smaller days at about $530, had me pass on all of the stocks moving +20 percent on my morning gap scanner just to take one trade in Globus Maritime Ltd. (NASDAQ: GLBS), which was moving alongside another shipping name that was on my scanner on some industry news. Because, while day traders should still rely on technical signals and patterns to cue them on potential price moves, headlines introduce kind of an X-factor to approaching a stock.

  • GlobeNewswire23 days ago

    Consolidated Research: 2018 Summary Expectations for Kulicke and Soffa Industries, QUALCOMM, Net Element, AT&T, Abbott Laboratories, and The Kroger — Fundamental Analysis, Key Performance Indications

    NEW YORK, Oct. 26, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.

  • MarketWatch27 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%.

  • GlobeNewswire27 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.

  • GlobeNewswirelast month

    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 Researchlast month

    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.

  • GlobeNewswire2 months 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.

  • GlobeNewswire2 months 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 StreetEvents3 months ago

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

    Q2 2018 Net Element Inc Earnings Call

  • GlobeNewswire3 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 Research3 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.

  • 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.