MaxsMaking Inc.’s (NASDAQ:MAMK) Lock-Up Period Will End Tomorrow

MaxsMaking’s (NASDAQ:MAMKGet Free Report) lock-up period will expire on Monday, January 5th. MaxsMaking had issued 1,625,000 shares in its IPO on July 7th. The total size of the offering was $6,500,000 based on an initial share price of $4.00. After the end of the company’s lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (e-)” rating on shares of MaxsMaking in a report on Friday, October 31st. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has a consensus rating of “Sell”.

Get Our Latest Research Report on MAMK

MaxsMaking Stock Down 0.2%

Shares of MAMK opened at $13.00 on Friday. The company has a 50-day moving average price of $11.50. MaxsMaking has a one year low of $1.87 and a one year high of $14.30.

MaxsMaking (NASDAQ:MAMKGet Free Report) last released its earnings results on Saturday, November 1st. The company reported $0.01 earnings per share (EPS) for the quarter. The company had revenue of $6.20 million for the quarter.

About MaxsMaking

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MaxsMaking Inc is a manufacturer of customized consumer goods. It offers a wide range of customizable products such as backpacks, shopping bags, aprons and other promotional items. MaxsMaking Inc is based in SHANGHAI.

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