MGN (NASDAQ:MGN) Stock Dropped to Strong Sell by Wall Street Zen

Wall Street Zen lowered shares of MGN (NASDAQ:MGN – Free Report) from a sell rating to a strong sell rating in a research report sent to investors on Sunday morning,Wall Street Zen reports.

Separately, Weiss Ratings raised MGN from a “sell (d-)” rating to a “sell (d)” rating in a research note on Friday. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, MGN has a consensus rating of “Sell”.

Get Our Latest Stock Analysis on MGN

MGN Stock Performance

Shares of MGN stock opened at $3.71 on Friday. MGN has a 1-year low of $1.67 and a 1-year high of $155.40. The company’s fifty day simple moving average is $1,919.53.

MGN (NASDAQ:MGN – Get Free Report) last announced its quarterly earnings data on Friday, August 14th. The company reported ($21.08) earnings per share (EPS) for the quarter. The company had revenue of $1.56 million during the quarter.

MGN Company Profile

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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.

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