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

The Marygold Companies, Inc. (NYSEAMERICAN:MGLD)’s share price was down 0.4% during trading on Friday . The company traded as low as $1.15 and last traded at $1.16. Approximately 20,451 shares were traded during mid-day trading, a decline of 88% from the average daily volume of 174,177 shares. The stock had previously closed at $1.1650.

Marygold Companies Trading Down 0.4%

The business’s fifty day simple moving average is $1.13 and its 200 day simple moving average is $1.07.

Marygold Companies (NYSEAMERICAN:MGLD) last issued its quarterly earnings results on Friday, May 8th. The company reported $0.01 earnings per share for the quarter. The company had revenue of $7.19 million during the quarter.

Institutional Investors Weigh In On Marygold Companies

An institutional investor recently raised its position in Marygold Companies stock. Geode Capital Management LLC increased its stake in The Marygold Companies, Inc. (NYSEAMERICAN:MGLD) by 18.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 108,910 shares of the company’s stock after buying an additional 16,927 shares during the quarter. 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.