MOGU Inc. Sponsored ADR (NYSE:MOGU – Get Free Report)’s stock price dropped 0.8% on Monday . The company traded as low as $2.51 and last traded at $2.55. Approximately 4,079 shares changed hands during trading, a decline of 57% from the average daily volume of 9,552 shares. The stock had previously closed at $2.57.
Analysts Set New Price Targets
Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of MOGU in a report on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has an average rating of “Sell”.
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MOGU Stock Down 0.8%
About MOGU
MOGU Inc, through its subsidiaries, engages in the online fashion and lifestyle business in the People's Republic of China. The company operates an online platform that primarily offers a range of fashion apparel and other products, including beauty products and accessories provided by third party merchants, as well as personal care, food, and medical beauty products.
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