Masonglory (NASDAQ:MSGY) Issues Earnings Results

Masonglory (NASDAQ:MSGY) posted its quarterly earnings data 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 Price Performance

Masonglory stock traded down $0.03 during mid-day trading on Thursday, reaching $0.33. 50,432 shares of the company were exchanged, compared to its average volume of 803,362. The company has a fifty day simple moving average of $0.48 and a 200-day simple moving average of $0.86. Masonglory has a 12 month low of $0.32 and a 12 month high of $22.20.

Institutional Inflows and Outflows

A hedge fund recently raised its position in Masonglory stock. Quadrature Capital Ltd boosted its stake in Masonglory Limited (NASDAQ:MSGY) by 501.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 191,209 shares of the company’s stock after purchasing an additional 159,428 shares during the quarter. Quadrature Capital Ltd owned about 1.34% of Masonglory worth $507,000 at the end of the most recent reporting period.

Analysts Set New Price Targets

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