MKDWELL Tech Inc. (NASDAQ:MKDW – Get Free Report) shot up 1.3% during trading on Thursday . The stock traded as high as $11.43 and last traded at $11.5740. 569 shares were traded during mid-day trading, a decline of 65% from the average daily volume of 1,631 shares. The stock had previously closed at $11.43.
MKDWELL Tech Stock Down 7.7%
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 company’s 50 day moving average is $11.41 and its 200 day moving average is $7.79.
Hedge Funds Weigh In On MKDWELL Tech
A hedge fund recently bought a new position in MKDWELL Tech stock. Citadel Advisors LLC bought a new position in MKDWELL Tech Inc. (NASDAQ:MKDW – Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 233,545 shares of the company’s stock, valued at approximately $50,000. Citadel Advisors LLC owned 1.26% of MKDWELL Tech at the end of the most recent reporting period. Institutional investors and hedge funds own 70.04% of the company’s stock.
About MKDWELL Tech
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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