Mangoceuticals (NASDAQ:MGRX) Stock Price Up 18% – Time to Buy?

Shares of Mangoceuticals, Inc. (NASDAQ:MGRXGet Free Report) traded up 18% on Wednesday . The company traded as high as $4.69 and last traded at $4.27. 217,098 shares were traded during mid-day trading, a decline of 4% from the average session volume of 226,555 shares. The stock had previously closed at $3.62.

Mangoceuticals Trading Up 2.5 %

The stock has a 50 day moving average price of $3.78 and a two-hundred day moving average price of $14.67. The company has a market cap of $11.09 million, a price-to-earnings ratio of -0.77 and a beta of 1.51.

Mangoceuticals (NASDAQ:MGRXGet Free Report) last released its earnings results on Thursday, March 20th. The company reported ($1.01) earnings per share for the quarter. The company had revenue of $0.11 million during the quarter. Mangoceuticals had a negative net margin of 1,237.00% and a negative return on equity of 138.00%.

About Mangoceuticals

(Get Free Report)

Mangoceuticals, Inc develops, markets, and sells various men's wellness products and services through a telemedicine platform in the United States. It offers erectile dysfunction (ED) products under the Mango brand and hair loss products under the Grow brand name. The company markets and sells these branded ED and hair loss products online through its website at MangoRx.com.

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