Megaworld Co. (OTCMKTS:MGAWY – Get Free Report) traded up 0.1% during trading on Monday. The company traded as high as $6.86 and last traded at $6.86. Approximately 500 shares were traded during trading, a decline of 49% from the average daily volume of 976 shares. The stock had previously closed at $6.85.
Megaworld Price Performance
The firm’s 50-day moving average is $6.93 and its two-hundred day moving average is $6.79.
About Megaworld
Megaworld Corporation is a Philippine real estate developer best known for creating large-scale, mixed-use townships that combine residential, office, retail, hospitality and entertainment components. The company develops and sells residential condominiums and manages commercial properties, including office buildings, shopping centers and lifestyle malls.
Founded in 1989 by businessman Andrew Tan, Megaworld has expanded its operations across the Philippines. Its portfolio includes integrated developments in Metro Manila and major regional centers, with projects designed to combine homes, workplaces, retail destinations and leisure facilities within master-planned communities.
The company also has interests in the hotel and tourism sectors through hospitality properties and related developments.
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