MDWerks (OTCMKTS:MDWK) Posts Quarterly Earnings Results

MDWerks (OTCMKTS:MDWK) announced its quarterly earnings results on Tuesday. The company reported ($0.01) EPS for the quarter, Zacks reports. The business had revenue of $0.50 million during the quarter. MDWerks had a negative net margin of 179.07% and a negative return on equity of 308.26%.

MDWerks Trading Up 28.6%

MDWK stock traded up $0.03 during midday trading on Wednesday, reaching $0.13. 10,000 shares of the company traded hands, compared to its average volume of 41,746. The firm has a market capitalization of $30.63 million, a price-to-earnings ratio of -4.33 and a beta of 17.21. MDWerks has a 52-week low of $0.10 and a 52-week high of $0.48. The business has a 50 day moving average of $0.22 and a 200-day moving average of $0.18. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.17 and a current ratio of 0.61.

MDWerks Company Profile

MDWerks, Inc, together with its subsidiaries, provides energy waving technologies in the United States. The company offers green and radio wave technologies. It also produces and sells alcoholic beverages, including whiskey and vodka. In addition, the company develops radio frequency applications. It serves structural engineering, food and beverage, alcoholic beverages, manufacturing, and adhesives industries. MDWerks, Inc is based in Green Cove Springs, Florida.