Masonglory’s (NASDAQ:MSGY – Get Free Report) quiet period will end on Monday, August 18th. Masonglory had issued 1,500,000 shares in its IPO on July 8th. The total size of the offering was $6,000,000 based on an initial share price of $4.00. During Masonglory’s quiet period, insiders and any underwriters that worked on the IPO are restricted from issuing any earnings forecasts or research reports for the company because of regulations issued by the Securities and Exchange Commission. Following the end of the company’s quiet period, it’s expected that the brokerages that served as underwriters on the stock will initiate research coverage on the company.
Wall Street Analyst Weigh In
Separately, Wall Street Zen raised shares of Masonglory to a “hold” rating in a research report on Saturday, July 19th.
Get Our Latest Report on Masonglory
Masonglory Stock Up 5.0%
About Masonglory
Masonglory Limited is a subcontractor providing wet trades and related ancillary services to private and public sectors. Masonglory Limited is based in Hong Kong.
Read More
- Five stocks we like better than Masonglory
- 3 Stocks to Consider Buying in October
- 3 Dividend Stocks Raising Payouts—and Backing It Up With Results
- What is Short Interest? How to Use It
- 3 Stocks With Monopoly Power—and Minimal Competition
- Why Are These Companies Considered Blue Chips?
- Rocket Lab Reports Q2 Results: Is the Bull Thesis Still Intact?
Receive News & Ratings for Masonglory Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Masonglory and related companies with MarketBeat.com's FREE daily email newsletter.
