Megaworld Co. (OTCMKTS:MGAWY – Get Free Report) rose 5.1% during mid-day trading on Friday . The company traded as high as $7.01 and last traded at $7.01. 308 shares were traded during mid-day trading, a decline of 77% from the average daily volume of 1,344 shares. The stock had previously closed at $6.67.
Megaworld Stock Performance
The company’s 50-day moving average price is $6.49 and its 200 day moving average price is $7.02.
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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