Marygold Companies (NYSEAMERICAN:MGLD) Releases Earnings Results

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

Marygold Companies Trading Down 0.5%

NYSEAMERICAN:MGLD opened at $1.97 on Friday. The firm’s fifty day moving average price is $1.61 and its 200 day moving average price is $1.23. Marygold Companies has a 1-year low of $0.84 and a 1-year high of $2.12.

Hedge Funds Weigh In On Marygold Companies

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

About Marygold Companies

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.