Marygold Companies (NYSEAMERICAN:MGLD) Stock Price Down 0.4% – Here’s What Happened

The Marygold Companies, Inc. (NYSEAMERICAN:MGLD)’s share price fell 0.4% during mid-day trading on Thursday . The stock traded as low as $1.11 and last traded at $1.15. 18,376 shares traded hands during mid-day trading, a decline of 88% from the average daily volume of 156,704 shares. The stock had previously closed at $1.1550.

Marygold Companies Trading Down 0.4%

The business has a fifty day moving average of $1.13 and a 200-day moving average of $1.09.

Marygold Companies (NYSEAMERICAN:MGLD) last announced its earnings results on Friday, May 8th. The company reported $0.01 EPS for the quarter. The business had revenue of $7.19 million for the quarter.

Hedge Funds Weigh In On Marygold Companies

A hedge fund 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.

About Marygold Companies

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.