Megaworld Co. (OTCMKTS:MGAWY – Get Free Report)’s share price dropped 7.7% during mid-day trading on Wednesday . The company traded as low as $6.35 and last traded at $6.35. Approximately 778 shares were traded during mid-day trading, a decline of 77% from the average daily volume of 3,403 shares. The stock had previously closed at $6.88.
Megaworld Price Performance
The stock’s fifty day moving average price is $7.14 and its two-hundred day moving average price is $6.95.
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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