MGN (NASDAQ:MGN – Get Free Report) posted its earnings results on Friday. The company reported ($0.01) EPS for the quarter, FiscalAI reports. The firm had revenue of $8.68 million for the quarter.
MGN Stock Performance
Shares of MGN traded down $0.00 during mid-day trading on Friday, reaching $0.16. 653,359 shares of the company were exchanged, compared to its average volume of 1,199,401. MGN has a 52 week low of $0.13 and a 52 week high of $8.63.
Wall Street Analyst Weigh In
Separately, Weiss Ratings started coverage on MGN in a research note on Tuesday, March 17th. They set a “sell (e+)” rating on the stock. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has an average rating of “Sell”.
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.
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