Maui Land & Pineapple (NYSE:MLP) Issues Quarterly Earnings Results

Maui Land & Pineapple (NYSE:MLP) released its earnings results on Monday. The financial services provider reported ($0.11) earnings per share (EPS) for the quarter, Zacks reports. Maui Land & Pineapple had a negative net margin of 40.09% and a negative return on equity of 14.23%.

Maui Land & Pineapple Stock Down 2.3 %

Shares of MLP stock traded down $0.42 during trading on Monday, hitting $17.72. 24,769 shares of the company were exchanged, compared to its average volume of 16,570. The firm has a market capitalization of $347.82 million, a price-to-earnings ratio of -77.03 and a beta of 0.54. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.86 and a current ratio of 2.86. The business’s 50-day simple moving average is $19.43 and its 200 day simple moving average is $21.46. Maui Land & Pineapple has a twelve month low of $17.02 and a twelve month high of $26.46.

About Maui Land & Pineapple

Maui Land & Pineapple Co, Inc is a landholding and operating company, which engages in the development, sale, and management of real estate. It operates through the following segments: Real Estate, Leasing, and Resort Amenities. The Real Estate segment includes land planning and entitlement, development, and sales activities.