Megaworld (OTCMKTS:MGAWY) Trading Down 7.7% – Here’s What Happened

Shares of Megaworld Co. (OTCMKTS:MGAWYGet Free Report) traded down 7.7% during trading on Wednesday . The stock traded as low as $6.35 and last traded at $6.35. 778 shares changed hands during trading, a decline of 77% from the average session volume of 3,403 shares. The stock had previously closed at $6.88.

Megaworld Stock Up 6.3 %

The stock’s fifty day moving average price is $7.07 and its two-hundred day moving average price is $6.95.

Megaworld Company Profile

(Get Free Report)

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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