Top Glove Co. Bhd. (OTCMKTS:TGLVY) Shares Gap Down – Should You Sell?

Top Glove Co. Bhd. (OTCMKTS:TGLVYGet Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $0.66, but opened at $0.5781. Top Glove Co. Bhd. shares last traded at $0.5781, with a volume of 500 shares.

Analyst Ratings Changes

Separately, Zacks Research upgraded shares of Top Glove Co. Bhd. to a “hold” rating in a research note on Wednesday, July 1st. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Top Glove Co. Bhd. has an average rating of “Hold”.

Get Our Latest Report on Top Glove Co. Bhd.

Top Glove Co. Bhd. Stock Performance

The company’s 50-day moving average is $0.62 and its 200-day moving average is $0.65.

Top Glove Co. Bhd. Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Top Glove Co. Bhd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Top Glove Co. Bhd. and related companies with MarketBeat.com's FREE daily email newsletter.