Megaworld (OTCMKTS:MGAWY) Stock Price Up 6%

Megaworld Co. (OTCMKTS:MGAWYGet Free Report) rose 6% during trading on Thursday . The company traded as high as $7.05 and last traded at $7.05. Approximately 230 shares were traded during trading, a decline of 94% from the average daily volume of 3,746 shares. The stock had previously closed at $6.65.

Megaworld Stock Performance

The business’s 50-day simple moving average is $6.33 and its 200 day simple moving average is $6.30.

About Megaworld

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Megaworld Corporation, together with its subsidiaries, engages in the development, sale, and leasing of real estate properties in the Philippines. The company develops mixed-use planned communities or townships, including residential, commercial, leisure, and entertainment components. Its real estate portfolio comprises residential condominium units, subdivision lots and townhouses, and condominium-hotel projects, as well as office projects and retail spaces.

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