MGN (NASDAQ:MGN – Get Free Report)’s share price shot up 1.1% during trading on Thursday . The company traded as high as $1.84 and last traded at $1.83. 13,609 shares changed hands during mid-day trading, a decline of 67% from the average session volume of 40,793 shares. The stock had previously closed at $1.81.
Analysts Set New Price Targets
Separately, Weiss Ratings initiated coverage on shares of MGN in a report on Wednesday, January 14th. They set a “sell (e-)” rating on the stock. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has a consensus rating of “Sell”.
Read Our Latest Stock Report on MGN
MGN Stock Performance
About MGN
Megan Holdings is a company principally engaged in the development, construction and maintenance of aquaculture farms and related works. Megan Holdings is based in Malaysia.
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