The Marketing Alliance Inc. (OTCMKTS:MAAL – Get Free Report)’s stock price crossed below its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $1.62 and traded as low as $1.56. Marketing Alliance shares last traded at $1.65, with a volume of 4,798 shares changing hands.
Marketing Alliance Stock Performance
The company’s 50 day moving average is $1.75 and its 200 day moving average is $1.62. The firm has a market cap of $11.38 million, a P/E ratio of 13.75 and a beta of 0.79.
Marketing Alliance (OTCMKTS:MAAL – Get Free Report) last posted its earnings results on Tuesday, August 11th. The financial services provider reported $0.06 earnings per share for the quarter. The company had revenue of $4.75 million during the quarter.
About Marketing Alliance
Marketing Alliance, Inc (OTCMKTS:MAAL) is a financial-services marketing organization that supports independent insurance producers and agencies. Its activities have centered primarily on the distribution and marketing of life insurance and related insurance products.
The company provides sales and administrative support intended to help insurance professionals develop business, evaluate products, design cases, navigate underwriting and policy placement, and serve their clients. Its services may also include marketing resources, training, and access to insurance-carrier and industry information.
Marketing Alliance has historically focused on serving independent agents and other financial professionals rather than selling insurance directly to retail customers.
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