Shares of Maui Land & Pineapple Company, Inc. (NYSE:MLP - Get Free Report) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $19.57 and traded as low as $15.83. Maui Land & Pineapple shares last traded at $15.93, with a volume of 18,006 shares traded.
Maui Land & Pineapple Stock Performance
The firm has a market capitalization of $314.51 million, a price-to-earnings ratio of -69.26 and a beta of 0.76. The company has a current ratio of 2.86, a quick ratio of 2.86 and a debt-to-equity ratio of 0.09. The stock's 50-day moving average is $16.28 and its 200-day moving average is $19.57.
Maui Land & Pineapple (NYSE:MLP - Get Free Report) last announced its quarterly earnings results on Thursday, May 15th. The financial services provider reported ($0.44) earnings per share (EPS) for the quarter. Maui Land & Pineapple had a negative return on equity of 14.23% and a negative net margin of 40.09%. The company had revenue of $5.80 million for the quarter.
Hedge Funds Weigh In On Maui Land & Pineapple
Several large investors have recently bought and sold shares of the company. Valueworks LLC grew its holdings in shares of Maui Land & Pineapple by 14.5% during the first quarter. Valueworks LLC now owns 919,343 shares of the financial services provider's stock worth $16,153,000 after purchasing an additional 116,076 shares during the last quarter. Nuveen LLC acquired a new stake in Maui Land & Pineapple during the 1st quarter worth approximately $181,000. Deutsche Bank AG grew its holdings in Maui Land & Pineapple by 233.2% during the 1st quarter. Deutsche Bank AG now owns 6,868 shares of the financial services provider's stock worth $121,000 after acquiring an additional 4,807 shares during the last quarter. NBC Securities Inc. increased its position in Maui Land & Pineapple by 127,223.5% in the 1st quarter. NBC Securities Inc. now owns 43,290 shares of the financial services provider's stock valued at $760,000 after acquiring an additional 43,256 shares during the period. Finally, First Hawaiian Bank bought a new position in shares of Maui Land & Pineapple during the first quarter valued at $52,710,000. 24.55% of the stock is currently owned by institutional investors.
About Maui Land & Pineapple
(
Get Free Report)
Maui Land & Pineapple Co, Inc is a landholding and operating company, which engages in the development, sale, and management of real estate. It operates through the following segments: Real Estate, Leasing, and Resort Amenities. The Real Estate segment includes land planning and entitlement, development, and sales activities.
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