Marwynn (NASDAQ:MWYN) Announces Quarterly Earnings Results

Marwynn (NASDAQ:MWYN) issued its earnings results on Monday. The company reported ($0.16) EPS for the quarter, Zacks reports. The firm had revenue of $2.34 million for the quarter.

Marwynn Price Performance

NASDAQ:MWYN opened at $1.23 on Wednesday. The firm has a 50-day moving average of $1.09. Marwynn has a 12 month low of $0.71 and a 12 month high of $11.20. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.83 and a current ratio of 1.53.

Hedge Funds Weigh In On Marwynn

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Bank of America Corp DE purchased a new position in Marwynn in the 2nd quarter worth approximately $29,000. XTX Topco Ltd acquired a new position in shares of Marwynn during the second quarter worth $39,000. Finally, Jane Street Group LLC acquired a new position in shares of Marwynn during the first quarter worth $141,000.

Marwynn Company Profile

Marwynn Holdings, Inc is a holding company with no operations other than holding the shares of its two wholly-owned operating subsidiaries, FuAn Enterprise, Inc (“FuAn”) and Grand Forest Cabinetry Inc (“Grand Forest”), that are in the supply chain business. Through our subsidiaries, we are committed to becoming a leading supply chain company in the U.S.