Free Trial

Maui Land & Pineapple (NYSE:MLP) Stock Passes Below Two Hundred Day Moving Average - Should You Sell?

Maui Land & Pineapple logo with Finance background

Maui Land & Pineapple Company, Inc. (NYSE:MLP - Get Free Report) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $22.79 and traded as low as $19.16. Maui Land & Pineapple shares last traded at $19.27, with a volume of 16,868 shares traded.

Maui Land & Pineapple Trading Up 5.1 %

The company has a quick ratio of 2.86, a current ratio of 2.86 and a debt-to-equity ratio of 0.09. The stock's 50 day moving average is $22.53 and its 200-day moving average is $22.77. The company has a market cap of $398.33 million, a PE ratio of -88.21 and a beta of 0.49.

Institutional Investors Weigh In On Maui Land & Pineapple

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in MLP. JPMorgan Chase & Co. boosted its holdings in shares of Maui Land & Pineapple by 61.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,551 shares of the financial services provider's stock worth $125,000 after purchasing an additional 2,122 shares during the period. Barclays PLC boosted its stake in Maui Land & Pineapple by 296.9% during the third quarter. Barclays PLC now owns 10,815 shares of the financial services provider's stock worth $243,000 after buying an additional 8,090 shares during the period. Geode Capital Management LLC increased its position in Maui Land & Pineapple by 0.8% during the third quarter. Geode Capital Management LLC now owns 167,830 shares of the financial services provider's stock valued at $3,768,000 after acquiring an additional 1,333 shares during the last quarter. State Street Corp raised its stake in shares of Maui Land & Pineapple by 4.5% in the third quarter. State Street Corp now owns 107,366 shares of the financial services provider's stock valued at $2,410,000 after acquiring an additional 4,654 shares during the period. Finally, BNP Paribas Financial Markets raised its stake in shares of Maui Land & Pineapple by 18.8% in the third quarter. BNP Paribas Financial Markets now owns 3,765 shares of the financial services provider's stock valued at $85,000 after acquiring an additional 595 shares during the period. 24.55% of the stock is currently owned by hedge funds and other institutional investors.

Maui Land & Pineapple Company Profile

(Get Free Report)

Maui Land & Pineapple Company, Inc, together with its subsidiaries, engages in the planning, managing, developing, and selling residential, resort, commercial, agricultural, and industrial real estate properties in the United States. It operates through Land Development & Sales, Leasing, and Resort Amenities segments.

Read More

Should You Invest $1,000 in Maui Land & Pineapple Right Now?

Before you consider Maui Land & Pineapple, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Maui Land & Pineapple wasn't on the list.

While Maui Land & Pineapple currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Metaverse Stocks And Why You Can't Ignore Them Cover

Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Crypto Boom 2025: Bitcoin’s Rise and Trump’s Impact on the Market
Goldman Sachs’ 2025 Market Outlook: Top 3 Stock Picks
7 Stocks to Benefit From Trump’s Tariffs in 2025

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines