Mohawk Group Holdings Inc. (MWK): Trading Report of Tuesday, June 16

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Mohawk Group Holdings Inc. (NASDAQ:MWK) changes shares on Tuesday trading session, with a change of 2.36% or $0.12 shares. The trading starts at $5.34 and closed at $5.09 throughout the day. The trading session low price was $5.19 and day high was $5.43 on Tuesday, June 16. After the session, the Technology sector daily volume shifted to 0.11 million while its average volume is 141.66K. In other hand, the MWK market cap reached to $91.44M. While, its current target price is $5.21 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -1.88% and up 25.24% for month. Its quarterly performance was 95.50% above, while its half year performance is up 17.87%. MWK yearly performance stood at negative -26.10% and fall -11.54% for year-to-date. Current recommendation for Mohawk Group Holdings Inc. is 1.70.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. MWK EPS (TTM) for 12-month is -3.84. EPS for this year is -80.30%, while for the next year its value is -0.29. Its EPS Q/Q reached -103.70%.

Rovida Advisors Inc., Hudson Bay Capital Management LP and Intrinsic Edge Capital Management LLC are the top three holders in Mohawk Group Holdings Inc. (MWK) stock. On Mar 30, 2020, Rovida Advisors Inc. has 0.54 million shares which valued 0.91 million. On Mar 30, 2020, Hudson Bay Capital Management LP owned 0.51 million shares which valued at 0.85 million. On Mar 30, 2020, Intrinsic Edge Capital Management LLC has a total of 0.33 million shares which valued at 0.56 million. In the end, Intrinsic Edge Capital Management LLC have 1.87% shares outstanding of Mohawk Group Holdings Inc. (MWK) on Mar 30, 2020. The insider ownership moved to 8.50% and institutional holding shifted to 11.60%.

The company posted an EPS (TTM) of -3.84. According to the most recent quarter report on (Jun 2020), 3 analysts estimated an average EPS of -0.02, while -0.62 EPS posted a year ago period. Analyst Estimated EPS for MWK published in the report was -0.06-0 during the same period. Comparing with last year, the average estimated EPS was -0.62 which is lower than -0.5 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for MWK rise 3.83% for period of 200 days. SMA for 50 days was 37.83% which is showing green signal, while SMA-20 was 5.49%. The moving average value for Mohawk Group Holdings Inc. (MWK) is 4.11 and 4.55 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in MWK stock. On Jun 12, von Walter Amy, Director, bought 2,000 trading shares at the cost of $5.16, which valued at 10320.0. On Jun 11, KURTZ WILLIAM, Director, bought 6,888 shares at the cost of $4.85, with total shares of 47,313. On Jun 11, Petersen Greg, Director, bought 2,000 shares at the cost of 5.00. After this transaction, Petersen Greg total shares reached to 45,325 which valued at 10000.0.