Top Glove Co. Bhd. (OTCMKTS:TGLVY – Get Free Report) shares saw strong trading volume on Wednesday . Approximately 1,602 shares were traded during mid-day trading, a decline of 32% from the previous session’s volume of 2,363 shares.The stock last traded at $0.5851 and had previously closed at $0.7250.
Analysts Set New Price Targets
Separately, Zacks Research raised Top Glove Co. Bhd. to a “hold” rating in a report on Wednesday, July 1st. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company presently has a consensus rating of “Hold”.
Get Our Latest Report on TGLVY
Top Glove Co. Bhd. Trading Down 19.3%
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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