Masonglory Limited’s (NASDAQ:MSGY) Lock-Up Period Will End on January 5th

Masonglory’s (NASDAQ:MSGY) lock-up period will expire on Monday, January 5th. Masonglory had issued 1,500,000 shares in its public offering on July 8th. The total size of the offering was $6,000,000 based on an initial share price of $4.00. After the end of Masonglory’s lock-up period, company insiders and major shareholders will be able to sell their shares of the company.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (e-)” rating on shares of Masonglory in a report on Monday, December 22nd. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Masonglory has a consensus rating of “Sell”.

Masonglory Stock Performance

NASDAQ:MSGY opened at $2.68 on Monday. The business’s 50-day moving average price is $2.18. Masonglory has a 52-week low of $0.83 and a 52-week high of $22.20.

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.