MaxsMaking Inc.’s (NASDAQ:MAMK) Lock-Up Period Set To Expire on January 5th

MaxsMaking’s (NASDAQ:MAMKGet Free Report) lock-up period is set to expire on Monday, January 5th. MaxsMaking had issued 1,625,000 shares in its public offering on July 7th. The total size of the offering was $6,500,000 based on an initial share price of $4.00. After the expiration of the company’s lock-up period, major shareholders and company insiders will be able to sell their shares of the company.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (e-)” rating on shares of MaxsMaking in a research note on Friday, October 31st. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has an average rating of “Sell”.

Read Our Latest Stock Analysis on MAMK

MaxsMaking Stock Down 0.2%

MAMK opened at $13.00 on Wednesday. The company has a 50 day simple moving average of $10.95. MaxsMaking has a 12-month low of $1.87 and a 12-month high of $14.30.

MaxsMaking (NASDAQ:MAMKGet Free Report) last released its quarterly earnings data on Saturday, November 1st. The company reported $0.01 EPS for the quarter. The company had revenue of $6.20 million during the quarter.

MaxsMaking Company Profile

(Get Free Report)

MaxsMaking Inc is a manufacturer of customized consumer goods. It offers a wide range of customizable products such as backpacks, shopping bags, aprons and other promotional items. MaxsMaking Inc is based in SHANGHAI.

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