ModusLink Global Solutions Inc. (NASDAQ:MLNK) released its quarterly earnings data on Friday. The company reported ($0.38) earnings per share (EPS) for the quarter. ModusLink Global Solutions had a negative return on equity of 36.02% and a negative net margin of 9.76%. During the same quarter in the previous year, the firm earned ($0.10) EPS.
Shares of ModusLink Global Solutions (NASDAQ:MLNK) opened at 1.45 on Monday. The stock’s 50 day moving average is $1.48 and its 200 day moving average is $1.39. The stock’s market capitalization is $75.69 million. ModusLink Global Solutions has a 52-week low of $1.05 and a 52-week high of $3.08.
An institutional investor recently bought a new position in ModusLink Global Solutions stock. Paloma Partners Management Co purchased a new stake in ModusLink Global Solutions Inc. (NASDAQ:MLNK) during the second quarter, according to its most recent filing with the SEC. The firm purchased 133,602 shares of the company’s stock, valued at approximately $164,000. Paloma Partners Management Co owned 0.26% of ModusLink Global Solutions as of its most recent SEC filing. 60.22% of the stock is currently owned by hedge funds and other institutional investors.
ModusLink Global Solutions Company Profile