Shares of Mangoceuticals, Inc. (NASDAQ:MGRX – Get Free Report) traded down 10.3% during mid-day trading on Thursday . The stock traded as low as $1.52 and last traded at $1.57. 149,664 shares were traded during mid-day trading, a decline of 38% from the average session volume of 241,556 shares. The stock had previously closed at $1.75.
Mangoceuticals Trading Down 10.3 %
The company has a 50 day simple moving average of $3.62 and a 200 day simple moving average of $8.30. The stock has a market capitalization of $8.12 million, a PE ratio of -0.27 and a beta of 2.41.
Mangoceuticals (NASDAQ:MGRX – Get Free Report) last posted its quarterly earnings results on Thursday, March 20th. The company reported ($1.01) earnings per share for the quarter. Mangoceuticals had a negative net margin of 1,237.00% and a negative return on equity of 138.00%. The business had revenue of $0.11 million during the quarter.
Mangoceuticals Company Profile
Mangoceuticals, Inc develops, markets, and sells various men's wellness products and services through a telemedicine platform in the United States. It offers erectile dysfunction (ED) products under the Mango brand and hair loss products under the Grow brand name. The company markets and sells these branded ED and hair loss products online through its website at MangoRx.com.
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