MGN (NASDAQ:MGN) Stock Moved Up to Sell by Wall Street Zen

Wall Street Zen upgraded shares of MGN (NASDAQ:MGN) to a sell rating in a research report sent to investors on Saturday morning,Wall Street Zen reports.

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of MGN in a report on Thursday, August 27th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

MGN Price Performance

NASDAQ:MGN opened at $3.98 on Friday. The company has a current ratio of 2.05, a quick ratio of 2.05 and a debt-to-equity ratio of 0.01. The company has a 50 day moving average of $2,365.56. MGN has a 12-month low of $1.67 and a 12-month high of $258.90.

About MGN

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.