Masonglory (NASDAQ:MSGY) Issues Earnings Results

Masonglory (NASDAQ:MSGY) released its earnings results on Thursday. The company reported ($0.28) earnings per share for the quarter, FiscalAI reports. The business had revenue of $7.08 million during the quarter.

Masonglory Stock Down 8.7%

Masonglory stock traded down $0.03 during midday trading on Friday, reaching $0.30. The stock had a trading volume of 7,615,257 shares, compared to its average volume of 174,465. Masonglory has a 1-year low of $0.25 and a 1-year high of $22.20. The firm’s fifty day simple moving average is $0.47 and its 200-day simple moving average is $0.84.

Institutional Investors Weigh In On Masonglory

A hedge fund recently raised its stake in Masonglory stock. Quadrature Capital Ltd grew its stake in Masonglory Limited (NASDAQ:MSGY) by 501.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 191,209 shares of the company’s stock after acquiring an additional 159,428 shares during the period. Quadrature Capital Ltd owned 1.34% of Masonglory worth $507,000 at the end of the most recent quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Masonglory in a research note on Monday, June 29th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has a consensus rating of “Sell”.

Masonglory Company Profile

Masonglory Limited is a subcontractor providing wet trades and related ancillary services to private and public sectors. Masonglory Limited is based in Hong Kong.