Marygold Companies (NYSEAMERICAN:MGLD) Trading Down 1.7% – Here’s What Happened

The Marygold Companies, Inc. (NYSEAMERICAN:MGLD) shares dropped 1.7% during trading on Tuesday . The company traded as low as $1.1650 and last traded at $1.18. Approximately 3,037 shares were traded during trading, a decline of 99% from the average daily volume of 293,618 shares. The stock had previously closed at $1.20.

Marygold Companies Trading Down 1.7%

The business has a 50-day simple moving average of $1.10 and a 200 day simple moving average of $1.04.

Marygold Companies (NYSEAMERICAN:MGLD) last released its quarterly earnings results on Thursday, February 5th. The company reported ($0.01) EPS for the quarter. The business had revenue of $7.64 million during the quarter.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Marygold Companies stock. Geode Capital Management LLC lifted its position in The Marygold Companies, Inc. (NYSEAMERICAN:MGLD) by 18.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 108,910 shares of the company’s stock after acquiring an additional 16,927 shares during the period. Geode Capital Management LLC’s holdings in Marygold Companies were worth $96,000 as of its most recent SEC filing.

Marygold Companies Company Profile

The Marygold Companies, Inc, through its subsidiaries, engages in investment fund management, beauty products, food products, financial services, and security alarm systems businesses in the United States, the United Kingdom, New Zealand, Australia, and Canada. It operates as an investment advisor to exchange traded funds and exchange traded products organized as limited partnerships or investment trusts. The company also produces, packages, and distributes wholesale bakery products, meat pies, patisserie cakes and slices, and related bakery confections to groceries, gasoline convenience stores, and independent retailers, as well as prints specialty wrappers for the food industry; and sells and installs commercial and residential alarm monitoring systems under the Brigadier Security Systems and Elite Security brand names.