Top Glove Co. Bhd. (OTCMKTS:TGLVY) Shares Gap Up – Here’s What Happened

Top Glove Co. Bhd. (OTCMKTS:TGLVYGet Free Report) shares gapped up prior to trading on Thursday . The stock had previously closed at $0.6209, but opened at $0.7375. Top Glove Co. Bhd. shares last traded at $0.7375, with a volume of 375 shares changing hands.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded Top Glove Co. Bhd. to a “hold” rating in a research report on Wednesday, July 1st. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, Top Glove Co. Bhd. presently has a consensus rating of “Hold”.

Get Our Latest Analysis on Top Glove Co. Bhd.

Top Glove Co. Bhd. Price Performance

The stock’s 50-day simple moving average is $0.61 and its 200 day simple moving average is $0.66.

About Top Glove Co. Bhd.

(Get Free Report)

Top Glove Co Bhd. is a Malaysia-based manufacturer of disposable gloves and related healthcare products. The company produces examination and surgical gloves made primarily from natural rubber latex and nitrile, along with other glove products for healthcare, industrial, laboratory, cleanroom, food-handling and household applications.

Founded in 1991 by Lim Wee Chai and Lee Kim Meow, Top Glove has grown from a Malaysian glove producer into an international supplier serving customers across healthcare, manufacturing, food services and other industries.

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