MDWerks (OTCMKTS:MDWK) Releases Quarterly Earnings Results

MDWerks (OTCMKTS:MDWK) announced its quarterly earnings results on Tuesday. The company reported ($0.01) earnings per share for the quarter, Zacks reports. MDWerks had a negative net margin of 53.07% and a negative return on equity of 132.97%.

MDWerks Stock Down 33.3 %

OTCMKTS:MDWK opened at $0.20 on Wednesday. The company’s 50-day moving average is $0.17 and its two-hundred day moving average is $0.13. MDWerks has a 1-year low of $0.01 and a 1-year high of $0.32. The company has a current ratio of 0.43, a quick ratio of 0.29 and a debt-to-equity ratio of 0.29.

MDWerks Company Profile

MDWerks, Inc, together with its subsidiaries, provides energy waving technologies in the United States. The company offers green and radio wave technologies. It also produces and sells alcoholic beverages, including whiskey and vodka. In addition, the company develops radio frequency applications. It serves structural engineering, food and beverage, alcoholic beverages, manufacturing, and adhesives industries.