MDWerks (OTCMKTS:MDWK) Releases Quarterly Earnings Results

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

MDWerks Stock Up 28.6%

OTCMKTS:MDWK traded up $0.03 during trading hours on Wednesday, reaching $0.13. 10,000 shares of the stock were exchanged, compared to its average volume of 42,713. The stock has a market cap of $30.63 million, a PE ratio of -4.33 and a beta of 17.21. MDWerks has a twelve month low of $0.10 and a twelve month high of $0.48. The firm 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 current ratio of 0.61 and a quick ratio of 0.17.

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.