Maui Land & Pineapple Company, Inc. Price & Performance (MLP)

Maui Land & Pineapple Company’s stock dipped below its 200-day moving average, closing at $15.04 after trading as low as $14.80. Despite recent revenue growth, the company faces persistent net losses and negative margins, highlighting ongoing investor concerns about profitability and operational challenges.123

Maui Land & Pineapple reported a 25% jump in operating revenue to $11.57 million for 2024, driven by leasing and land development. However, non-cash stock compensation and higher costs led to a net loss of $7.39 million, nearly doubling last year’s deficit, as the company pursues asset sales for future growth.456

MLP shares reached a new 52-week low of $14.61, down more than 21% year-over-year. While the company maintains a healthy current ratio and more cash than debt, ongoing financial losses and weak returns continue to weigh on investor sentiment as management focuses on strategic initiatives to reverse the trend.378