Top Glove Co. Bhd. (OTCMKTS:TGLVY – Get Free Report)’s stock price dropped 3.5% during mid-day trading on Monday . The company traded as low as $0.7144 and last traded at $0.7144. 377 shares traded hands during mid-day trading, a decline of 85% from the average session volume of 2,555 shares. The stock had previously closed at $0.7405.
Top Glove Co. Bhd. Stock Performance
The stock’s 50-day moving average is $0.75 and its 200-day moving average is $0.63.
Top Glove Co. Bhd. Company Profile
Top Glove Co Bhd., founded in 1991 and headquartered in Klang, Malaysia, is among the world’s leading manufacturers of disposable gloves. Originally established to meet growing domestic demand, the company has expanded its operations over three decades to serve a global customer base. Its shares are listed on Bursa Malaysia, and its American depositary receipts trade under the symbol TGLVY on the OTC Markets.
The company’s core business is the design, production and marketing of a broad range of protective gloves, including latex, nitrile, vinyl and surgical-grade products.
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