Treasure Global Inc. (NASDAQ:TGL – Get Rating)’s share price rose 1.4% during mid-day trading on Tuesday . The company traded as high as $1.55 and last traded at $1.50. Approximately 88,864 shares traded hands during mid-day trading, a decline of 63% from the average daily volume of 243,122 shares. The stock had previously closed at $1.48.
Treasure Global Price Performance
The stock’s 50-day moving average price is $1.49 and its 200-day moving average price is $1.69.
Institutional Trading of Treasure Global
Institutional investors and hedge funds have recently modified their holdings of the business. Geode Capital Management LLC acquired a new position in Treasure Global in the 1st quarter worth about $45,000. Jane Street Group LLC bought a new stake in shares of Treasure Global during the 3rd quarter valued at about $46,000. Finally, Marshall Wace LLP bought a new stake in shares of Treasure Global during the 3rd quarter valued at about $68,000. 0.69% of the stock is currently owned by institutional investors.
About Treasure Global
Treasure Global Inc designs and develops a Malaysian e-commerce platform that helps subscribers to connect with local merchants by offer activities, travel, goods, services and rewards. The company offers z-city, a cross profit-sharing platform that allows business owners to promote their product, increase their network, and reap the profits and rewards.
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