MGN (NASDAQ:MGN – Free Report)’s stock is set to reverse split on Thursday, September 17th. The 1-30 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Wednesday, September 16th.
MGN Stock Performance
Shares of MGN stock opened at $0.17 on Friday. MGN has a twelve month low of $0.15 and a twelve month high of $345.20. The stock’s fifty day moving average price is $116.70. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.05 and a current ratio of 2.05.
Analyst Ratings Changes
Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of MGN in a research note on Thursday, August 27th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, MGN has a consensus rating of “Sell”.
MGN Company Profile
Megan Holdings is a company principally engaged in the development, construction and maintenance of aquaculture farms and related works. Megan Holdings is based in Malaysia.
Recommended Stories
- Five stocks we like better than MGN
- Rocket Lab Tackles a Supply Chain Bottleneck as the Stock Hunts for a Bottom. Time to Buy?
- Optical Cable Corporation Is Starting to Get the Market’s Attention
- Oil Above $100 Is Creating a New Opportunity Beyond the Major Producers
- Is Nike’s Index Demotion a Warning or a Buying Opportunity?
Receive News & Ratings for MGN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MGN and related companies with MarketBeat.com's FREE daily email newsletter.
