Maywood Acquisition (NASDAQ:IPEX) Posts Earnings Results

Maywood Acquisition (NASDAQ:IPEX) posted its earnings results on Monday. The company reported ($0.09) earnings per share (EPS) for the quarter, FiscalAI reports.

Maywood Acquisition Trading Up 0.0%

IPEX opened at $10.39 on Tuesday. Maywood Acquisition has a fifty-two week low of $9.89 and a fifty-two week high of $10.40.

Institutional Investors Weigh In On Maywood Acquisition

Several institutional investors have recently made changes to their positions in the stock. Magnetar Financial LLC bought a new position in Maywood Acquisition during the fourth quarter valued at approximately $2,565,000. Radcliffe Capital Management L.P. purchased a new stake in shares of Maywood Acquisition in the 4th quarter valued at $1,152,000. Meteora Capital LLC bought a new position in shares of Maywood Acquisition during the 4th quarter valued at $1,140,000. Finally, Virtu Financial LLC bought a new position in shares of Maywood Acquisition during the 4th quarter valued at $519,000.

Wall Street Analyst Weigh In

Separately, Weiss Ratings assumed coverage on Maywood Acquisition in a research note on Monday, February 9th. They set a “sell (d-)” rating for the company. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has an average rating of “Sell”.

Maywood Acquisition Company Profile

We are a blank check company incorporated as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities, which we refer to throughout this prospectus as our initial business combination. We have not selected any target business and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any target business regarding an initial business combination with our company.