Shares of Megaworld Co. (OTCMKTS:MGAWY – Get Free Report) were down 0.6% on Tuesday . The stock traded as low as $6.8556 and last traded at $6.8556. Approximately 1,961 shares changed hands during mid-day trading, an increase of 95% from the average daily volume of 1,004 shares. The stock had previously closed at $6.90.
Megaworld Price Performance
The firm’s fifty day moving average is $7.17 and its two-hundred day moving average is $7.00.
About Megaworld
Megaworld Corporation (OTCMKTS: MGAWY) is a Philippines‐based real estate development company that designs, constructs, markets and manages mixed‐use communities. The company’s portfolio spans office buildings, residential condominiums, retail centers, hotels and resorts, with an emphasis on integrated “live‐work‐play” townships. Megaworld’s developments often combine residential units with commercial and leisure components, catering to both urban and emerging provincial markets across Luzon, Visayas and Mindanao.
Founded in 1989, Megaworld pioneered the concept of large‐scale township developments in the Philippines.
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