MDWerks (OTCMKTS:MDWK) Posts Quarterly Earnings Results

MDWerks (OTCMKTS:MDWK) released its quarterly earnings results on Friday. The company reported ($0.01) earnings per share for the quarter, Zacks reports. MDWerks had a negative net margin of 107.60% and a negative return on equity of 223.10%.

MDWerks Stock Down 2.9%

OTCMKTS:MDWK traded down $0.00 on Friday, reaching $0.14. The stock had a trading volume of 4,200 shares, compared to its average volume of 49,915. The company has a 50-day moving average of $0.13 and a 200 day moving average of $0.19. The company has a current ratio of 0.55, a quick ratio of 0.08 and a debt-to-equity ratio of 0.30. The stock has a market cap of $32.27 million, a P/E ratio of -7.09 and a beta of 14.25. MDWerks has a 12-month low of $0.07 and a 12-month high of $0.32.

About MDWerks

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.