Share on StockTwits

Macmahon Holdings Limited (ASX:MAH) was upgraded by equities research analysts at Hartley’s Research to a “buy” rating in a research note issued to investors on Tuesday.

Macmahon Holdings Limited (ASX:MAH) traded up 4.35% on Tuesday, hitting A$0.120. 5,451,674 shares of the company’s stock traded hands. Macmahon Holdings Limited has a 52 week low of A$0.100 and a 52 week high of A$0.165. The stock has a 50-day moving average of A$0.11 and a 200-day moving average of A$0.11. The company has a market cap of A$149.6 million and a price-to-earnings ratio of 4.79.

Macmahon Holdings Limited provides the complete package of mining services to clients throughout Australia and in New Zealand, South East Asia, Mongolia and Africa.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.