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

Shares of The Marygold Companies, Inc. (NYSEAMERICAN:MGLDGet Free Report) dropped 0.4% during mid-day trading on Thursday . The company traded as low as $1.11 and last traded at $1.15. 18,376 shares changed hands during mid-day trading, a decline of 88% from the average daily volume of 156,704 shares. The stock had previously closed at $1.1550.

Marygold Companies Trading Down 1.7%

The firm’s 50-day moving average price is $1.13 and its two-hundred day moving average price is $1.09.

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

Hedge Funds Weigh In On Marygold Companies

A hedge fund recently raised its stake in Marygold Companies stock. Geode Capital Management LLC increased its stake in shares of The Marygold Companies, Inc. (NYSEAMERICAN:MGLDFree Report) by 18.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm 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 at the end of the most recent reporting period.

About Marygold Companies

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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.

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