Masonglory (NASDAQ:MSGY) Trading Up 5% – Here’s Why

Masonglory Limited (NASDAQ:MSGY)’s stock price was up 5% during trading on Thursday . The company traded as high as $0.47 and last traded at $0.4670. Approximately 137,441 shares were traded during mid-day trading, a decline of 83% from the average daily volume of 807,513 shares. The stock had previously closed at $0.4447.

Masonglory Stock Down 0.6%

The stock has a 50 day moving average of $0.47 and a 200 day moving average of $1.51.

Masonglory (NASDAQ:MSGY) last issued its earnings results on Tuesday, March 31st. The company reported $0.00 EPS for the quarter. The company had revenue of $4.70 million during the quarter.

Hedge Funds Weigh In On Masonglory

A hedge fund recently raised its stake in Masonglory stock. Quadrature Capital Ltd raised its stake in Masonglory Limited (NASDAQ:MSGY) by 501.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 191,209 shares of the company’s stock after acquiring an additional 159,428 shares during the period. Quadrature Capital Ltd owned 1.34% of Masonglory worth $507,000 as of its most recent SEC filing.

About Masonglory

Masonglory Limited is a subcontractor providing wet trades and related ancillary services to private and public sectors. Masonglory Limited is based in Hong Kong.