MKDWELL Tech (NASDAQ:MKDW) Posts Quarterly Earnings Results

MKDWELL Tech (NASDAQ:MKDWGet Free Report) posted its earnings results on Tuesday. The company reported ($0.82) EPS for the quarter, FiscalAI reports. The firm had revenue of $0.77 million during the quarter.

MKDWELL Tech Stock Down 5.6%

MKDW opened at $9.91 on Thursday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.21 and a current ratio of 1.23. The business has a fifty day simple moving average of $11.40 and a 200 day simple moving average of $8.32. MKDWELL Tech has a 1 year low of $1.71 and a 1 year high of $12.94.

Institutional Investors Weigh In On MKDWELL Tech

A hedge fund recently bought a new position in MKDWELL Tech stock. Citadel Advisors LLC bought a new stake in MKDWELL Tech Inc. (NASDAQ:MKDWFree Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 233,545 shares of the company’s stock, valued at approximately $50,000. Citadel Advisors LLC owned 1.26% of MKDWELL Tech as of its most recent filing with the Securities and Exchange Commission (SEC). 70.04% of the stock is currently owned by institutional investors and hedge funds.

About MKDWELL Tech

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MKDWELL Tech Inc is an automotive electronics manufacturer. MKDWELL Tech Inc, formerly known as Cetus Capital Acquisition Corp., is based in New York.

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