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The latest announcement is out from Marygold Companies ( (MGLD) ).
On June 19, 2025, The Marygold Companies, Inc. announced an agreement to sell its wholly-owned subsidiary, Brigadier Security Systems Ltd., to SKCAL LLC for approximately $2.2 million. This transaction, expected to close on July 1, 2025, aligns with Marygold’s strategy to focus on financial services, with proceeds intended to reduce corporate debt and support general corporate purposes. The sale is not deemed significant under regulatory definitions, but it reflects a strategic shift in company focus.
Spark’s Take on MGLD Stock
According to Spark, TipRanks’ AI Analyst, MGLD is a Neutral.
The overall stock score is primarily impacted by weak financial performance and a challenging valuation. The company’s operational difficulties and negative cash flow are significant concerns. Technical analysis further highlights bearish momentum, while the absence of an earnings call or corporate events does not influence the score.
To see Spark’s full report on MGLD stock, click here.
More about Marygold Companies
The Marygold Companies, Inc. is a diversified global holding firm founded in 1996 and repositioned in 2015. It operates subsidiaries in various sectors including ETF fund management, financial services, food manufacturing, printing, security systems, and beauty products, with operations in the U.S., New Zealand, U.K., and Canada.
Average Trading Volume: 9,546
Technical Sentiment Signal: Sell
Current Market Cap: $38.12M
Learn more about MGLD stock on TipRanks’ Stock Analysis page.