Nature’s Miracle (NASDAQ:NMHI) Trading Up 2.5%

Nature’s Miracle Holding Inc. (NASDAQ:NMHI)’s share price was up 2.5% on Wednesday . The stock traded as high as $0.46 and last traded at $0.43. Approximately 78,333 shares were traded during mid-day trading, a decline of 56% from the average daily volume of 176,113 shares. The stock had previously closed at $0.42.

Nature’s Miracle Stock Performance

The company has a 50-day simple moving average of $0.65.

Nature’s Miracle (NASDAQ:NMHI) last released its earnings results on Wednesday, May 15th. The company reported ($0.10) earnings per share (EPS) for the quarter. The business had revenue of $2.21 million during the quarter.

Institutional Investors Weigh In On Nature’s Miracle

A hedge fund recently bought a new stake in Nature’s Miracle stock. MMCAP International Inc. SPC acquired a new stake in Nature’s Miracle Holding Inc. (NASDAQ:NMHI) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 45,000 shares of the company’s stock, valued at approximately $42,000. MMCAP International Inc. SPC owned about 0.17% of Nature’s Miracle as of its most recent SEC filing. 94.56% of the stock is owned by hedge funds and other institutional investors.

About Nature’s Miracle

Nature's Miracle Holding Inc, an agriculture technology company, provides equipment and services to growers in the controlled environment agriculture industry in North America. The company provides grow lights and other hydroponic products; and develops a pipeline to build commercial-scale greenhouse for fresh and local vegetable products.