Net Element, Inc. (NASDAQ: NETE) Stock Upgraded to ‘Buy’ Rating by ValuEngine

May 11, 2018 10:11:48
  • NETE sales are projected to reach $65 million in 2018, an eight percent jump, per Zacks Small-Cap Research; Zacks cites 10.6 percent sales increase in 2017 to $60.1 million, sees growth in 2019 to $70.8 million
  • SeeThruEquity, LLC analysis reported that NETE’s North America Transactions Solutions business segment grew by 21.3 percent YOY in 2017
  • Zacks notes that NETE launched Fast Pass Funding, a same-day funding service through its proprietary next generation Netevia multi-channel payments processing platform

Net Element, Inc. (NASDAQ: NETE) has received an upgrade of its stock rating to ‘Buy’ from ValuEngine, a stock valuation and forecasting service ( A Zacks Small-Cap Research report projects that NETE sales will reach $65 million in 2018, then $70.8 million by 2019 (

A SeeThruEquity update found that the company’s balance sheet in full year 2017 was “significantly improved.” It reported that the $7.55 million raised during 4Q2017 was characterized by…

Read More>>

More from NetworkNewsWire

About NetworkNewsWire

NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

For more information, please visit

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published:

NetworkNewsWire (NNW)
New York, New York
212.418.1217 Office