Insider Buying: Marygold Companies (NYSEAMERICAN:MGLD) CEO Purchases 20,000 Shares of Stock

The Marygold Companies, Inc. (NYSEAMERICAN:MGLD) CEO & Melinda Gerber Livi Nicholas purchased 20,000 shares of the business’s stock in a transaction that occurred on Thursday, November 20th. The stock was acquired at an average cost of $1.05 per share, with a total value of $21,000.00. Following the completion of the acquisition, the chief executive officer directly owned 18,710,773 shares of the company’s stock, valued at $19,646,311.65. The trade was a 0.11% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Marygold Companies Trading Down 5.0%

MGLD traded down $0.05 during midday trading on Friday, hitting $0.95. The company had a trading volume of 36,708 shares, compared to its average volume of 17,415. The Marygold Companies, Inc. has a twelve month low of $0.64 and a twelve month high of $2.10. The firm’s 50-day simple moving average is $1.04 and its 200-day simple moving average is $0.93.

Marygold Companies (NYSEAMERICAN:MGLD) last released its quarterly earnings results on Friday, September 19th. The company reported ($0.04) EPS for the quarter. The firm had revenue of $7.21 million for the quarter.

About Marygold Companies

The Marygold Companies, Inc, through its subsidiaries, engages in investment fund management, beauty products, food products, financial services, and security alarm systems businesses in the United States, the United Kingdom, New Zealand, Australia, and Canada. It operates as an investment advisor to exchange traded funds and exchange traded products organized as limited partnerships or investment trusts.