Marygold Companies (NYSEAMERICAN:MGLD) Posts Quarterly Earnings Results

Marygold Companies (NYSEAMERICAN:MGLD) issued its quarterly earnings results on Friday. The company reported $0.04 earnings per share for the quarter, FiscalAI reports. The company had revenue of $9.36 million during the quarter.

Marygold Companies Price Performance

Shares of MGLD stock traded down $0.01 on Friday, reaching $1.97. 5,577 shares of the company were exchanged, compared to its average volume of 194,540. The company has a 50-day moving average of $1.59 and a 200-day moving average of $1.23. Marygold Companies has a one year low of $0.84 and a one year high of $2.12.

Institutional Trading of Marygold Companies

A hedge fund recently bought a new position in Marygold Companies stock. BlackRock Inc. acquired a new position in The Marygold Companies, Inc. (NYSEAMERICAN:MGLD) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 33,287 shares of the company’s stock, valued at approximately $40,000.

Marygold Companies Company Profile

The Marygold Companies, Inc is a diversified holding company that owns and develops businesses in areas including financial services and food production. Its subsidiaries operate independently in their respective markets.

Through its Marygold & Co businesses, the company offers financial services, including wealth management and digital financial products. Its food operations include Gourmet Foods, a New Zealand-based producer of prepared and specialty food products.

The company has roots as Concierge Technologies, Inc and adopted the Marygold Companies name in 2022.