Ming Shing Group (NASDAQ:MSW) Shares Down 2.3% – Here’s What Happened

Ming Shing Group Holdings Limited (NASDAQ:MSWGet Free Report)’s stock price dropped 2.3% on Wednesday . The stock traded as low as $1.27 and last traded at $1.30. Approximately 51,885 shares were traded during mid-day trading, a decline of 98% from the average session volume of 3,177,057 shares. The stock had previously closed at $1.33.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Ming Shing Group in a research report on Thursday, June 18th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has a consensus rating of “Sell”.

View Our Latest Analysis on MSW

Ming Shing Group Price Performance

The business has a 50-day moving average price of $1.42 and a 200-day moving average price of $1.20.

Ming Shing Group (NASDAQ:MSWGet Free Report) last announced its quarterly earnings data on Friday, March 20th. The company reported ($0.14) EPS for the quarter. The company had revenue of $4.22 million during the quarter.

Ming Shing Group Company Profile

(Get Free Report)

Ming Shing Group Holdings Limited is a company mainly engaged in wet trades works, such as plastering works, tile laying works, brick laying works, floor screeding works and marble works. Ming Shing Group Holdings Limited is based in Hong Kong.

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