Megaworld Co. (OTCMKTS:MGAWY – Get Free Report) shares dropped 6.7% on Monday . The stock traded as low as $6.09 and last traded at $6.09. Approximately 161 shares were traded during mid-day trading, a decline of 89% from the average daily volume of 1,409 shares. The stock had previously closed at $6.53.
Megaworld Price Performance
The business’s 50 day moving average price is $6.47 and its 200-day moving average price is $6.51.
About Megaworld
Megaworld Corporation, together with its subsidiaries, engages in the development, sale, and leasing of real estate properties in the Philippines. The company develops mixed-use planned communities or townships, including residential, commercial, leisure, and entertainment components. Its real estate portfolio comprises residential condominium units, subdivision lots and townhouses, and condominium-hotel projects, as well as office projects and retail spaces.
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