Megaworld Co. (OTCMKTS:MGAWY – Get Free Report) fell 1.4% during mid-day trading on Tuesday . The stock traded as low as $6.95 and last traded at $6.95. Approximately 100 shares traded hands during mid-day trading, a decline of 91% from the average session volume of 1,148 shares. The stock had previously closed at $7.05.
Megaworld Stock Performance
The business’s 50 day moving average price is $7.00 and its 200 day moving average price is $6.89.
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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