Maywood Acquisition (NASDAQ:IPEX – Get Free Report) released its quarterly earnings data on Friday. The company reported $0.02 earnings per share for the quarter, FiscalAI reports.
Maywood Acquisition Stock Performance
IPEX traded down $0.01 during trading on Friday, hitting $10.45. The company’s stock had a trading volume of 51,955 shares, compared to its average volume of 13,208. Maywood Acquisition has a twelve month low of $10.01 and a twelve month high of $10.47. The business’s fifty day simple moving average is $10.41.
Analyst Ratings Changes
Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Maywood Acquisition in a report on Friday, May 8th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has an average rating of “Sell”.
Hedge Funds Weigh In On Maywood Acquisition
Institutional investors have recently added to or reduced their stakes in the business. Radcliffe Capital Management L.P. acquired a new position in Maywood Acquisition in the fourth quarter valued at approximately $1,152,000. Magnetar Financial LLC acquired a new position in Maywood Acquisition in the fourth quarter valued at approximately $2,565,000. Meteora Capital LLC acquired a new position in Maywood Acquisition in the fourth quarter valued at approximately $1,140,000. Finally, Virtu Financial LLC acquired a new position in Maywood Acquisition in the fourth quarter valued at approximately $519,000.
Maywood Acquisition Company Profile
We are a blank check company incorporated as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities, which we refer to throughout this prospectus as our initial business combination. We have not selected any target business and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any target business regarding an initial business combination with our company.
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