Megaworld Co. (OTCMKTS:MGAWY – Get Free Report)’s share price shot up 0.7% during mid-day trading on Tuesday . The stock traded as high as $7.25 and last traded at $7.25. 230 shares traded hands during mid-day trading, a decline of 78% from the average session volume of 1,065 shares. The stock had previously closed at $7.20.
Megaworld Trading Up 0.7%
The firm’s 50-day moving average is $6.61 and its 200 day moving average is $6.92.
About Megaworld
Megaworld Corporation (OTCMKTS: MGAWY) is a Philippines‐based real estate development company that designs, constructs, markets and manages mixed‐use communities. The company’s portfolio spans office buildings, residential condominiums, retail centers, hotels and resorts, with an emphasis on integrated “live‐work‐play” townships. Megaworld’s developments often combine residential units with commercial and leisure components, catering to both urban and emerging provincial markets across Luzon, Visayas and Mindanao.
Founded in 1989, Megaworld pioneered the concept of large‐scale township developments in the Philippines.
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