Top Glove Co. Bhd. (OTCMKTS:TGLVY – Get Free Report) shares dropped 5% during mid-day trading on Wednesday . The stock traded as low as $0.6893 and last traded at $0.6893. Approximately 690 shares traded hands during mid-day trading, a decline of 75% from the average daily volume of 2,752 shares. The stock had previously closed at $0.7252.
Top Glove Co. Bhd. Price Performance
The firm’s 50 day simple moving average is $0.69 and its 200-day simple moving average is $0.60.
Top Glove Co. Bhd. Company Profile
Top Glove Co Bhd., founded in 1991 and headquartered in Klang, Malaysia, is among the world’s leading manufacturers of disposable gloves. Originally established to meet growing domestic demand, the company has expanded its operations over three decades to serve a global customer base. Its shares are listed on Bursa Malaysia, and its American depositary receipts trade under the symbol TGLVY on the OTC Markets.
The company’s core business is the design, production and marketing of a broad range of protective gloves, including latex, nitrile, vinyl and surgical-grade products.
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