Megaworld (OTCMKTS:MGAWY) Stock Price Down 6.7% – Here’s What Happened

Megaworld Co. (OTCMKTS:MGAWYGet Free Report)’s stock price dropped 6.7% during trading on Friday . The company traded as low as $6.30 and last traded at $6.30. Approximately 242 shares traded hands during trading, a decline of 88% from the average daily volume of 1,993 shares. The stock had previously closed at $6.75.

Megaworld Price Performance

The company has a 50-day moving average price of $6.80 and a 200 day moving average price of $6.89.

Megaworld Company Profile

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Megaworld Corporation, together with its subsidiaries, engages in the development, sale, and leasing of real estate properties in the Philippines. The company develops mixed-use planned communities or townships, including residential, commercial, leisure, and entertainment components. Its real estate portfolio comprises residential condominium units, subdivision lots and townhouses, and condominium-hotel projects, as well as office projects and retail spaces.

Further Reading

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