Shares of Top Glove Co. Bhd. (OTCMKTS:TGLVY – Get Rating) rose 8.4% during trading on Friday . The company traded as high as $0.92 and last traded at $0.92. Approximately 119 shares changed hands during trading, a decline of 96% from the average daily volume of 2,842 shares. The stock had previously closed at $0.85.
Wall Street Analysts Forecast Growth
Separately, CLSA raised Top Glove Co. Bhd. from a “sell” rating to an “underperform” rating in a research note on Friday, March 17th.
Top Glove Co. Bhd. Trading Up 8.4 %
The stock has a fifty day simple moving average of $0.73 and a two-hundred day simple moving average of $0.70.
Top Glove Co. Bhd. Company Profile
Top Glove Corporation Bhd. engages in the investment holding and provision of management services in Malaysia. The company offers medical examination, surgical, vinyl, and nitrile gloves; concentrate and synthetic latex, formers, chemicals and chemical compounds, rubber dental dams, exercise bands, condoms, and rubber related products; packaging materials, boxes, and cartons; and disposable and medical face masks, engineering parts and rubber glove machinery, functional fillers, healthcare products, and homecare and personal care products.
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