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

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

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (e-)” rating on shares of Masonglory in a research note on Monday, December 22nd. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has an average rating of “Sell”.

Masonglory Price Performance

Shares of MSGY opened at $2.68 on Monday. The stock has a 50-day moving average price of $2.18. Masonglory has a one year low of $0.83 and a one year 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.