Marygold Companies (NYSEAMERICAN:MGLD) Shares Down 1.8% – What’s Next?

Shares of The Marygold Companies, Inc. (NYSEAMERICAN:MGLD) were down 1.8% during mid-day trading on Thursday . The company traded as low as $1.01 and last traded at $1.08. Approximately 29,977 shares traded hands during mid-day trading, a decline of 35% from the average daily volume of 45,966 shares. The stock had previously closed at $1.10.

Marygold Companies Trading Down 5.6 %

Marygold Companies (NYSEAMERICAN:MGLD) last announced its quarterly earnings results on Friday, November 8th. The company reported ($0.04) earnings per share (EPS) for the quarter. The company had revenue of $7.91 million for the quarter.

Insider Buying and Selling

In related news, CEO & Melinda Gerber Livi Nicholas acquired 50,000 shares of the stock in a transaction that occurred on Thursday, November 21st. The shares were bought at an average price of $1.51 per share, for a total transaction of $75,500.00. Following the completion of the transaction, the chief executive officer now directly owns 18,468,766 shares in the company, valued at approximately $27,887,836.66. This trade represents a 0.27 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

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.