MDWerks (OTCMKTS:MDWK) Announces Quarterly Earnings Results

MDWerks (OTCMKTS:MDWK) issued its quarterly earnings results on Tuesday. The company reported ($0.01) EPS for the quarter, Zacks reports. The company had revenue of $0.50 million for the quarter. MDWerks had a negative net margin of 179.07% and a negative return on equity of 308.26%.

MDWerks Stock Up 28.6%

Shares of MDWerks stock traded up $0.03 on Wednesday, reaching $0.13. 10,000 shares of the company were exchanged, compared to its average volume of 42,713. MDWerks has a one year low of $0.10 and a one year high of $0.48. The company has a market capitalization of $30.63 million, a price-to-earnings ratio of -4.33 and a beta of 17.21. The company has a current ratio of 0.61, a quick ratio of 0.17 and a debt-to-equity ratio of 0.21. The company has a 50-day moving average of $0.22 and a 200 day moving average of $0.18.

MDWerks Company Profile

MDWerks, Inc, together with its subsidiaries, provides energy waving technologies in the United States. The company offers green and radio wave technologies. It also produces and sells alcoholic beverages, including whiskey and vodka. In addition, the company develops radio frequency applications. It serves structural engineering, food and beverage, alcoholic beverages, manufacturing, and adhesives industries. MDWerks, Inc is based in Green Cove Springs, Florida.