BGM Group (NASDAQ:BGM - Get Free Report) was downgraded by stock analysts at Wall Street Zen from a "buy" rating to a "hold" rating in a research report issued to clients and investors on Sunday.
BGM Group Stock Performance
Shares of NASDAQ BGM opened at $10.21 on Friday. The stock's 50-day moving average is $12.49 and its two-hundred day moving average is $10.99. BGM Group has a 1-year low of $5.26 and a 1-year high of $17.17.
BGM Group Company Profile
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Qilian International Holding Group Limited manufactures and distributes active pharmaceutical ingredients (APIs), traditional Chinese medicine derivatives (TCMD), and other by-products in China. The company provides licorice products, including Gan Di Xin, an antitussive and expectorant medicine; Qilian Shan Licorice Extract, an ingredient for pharmaceutical companies to manufacture traditional licorice tablets; and Qilian Shan licorice liquid extract, a primary ingredient for medical preparation companies to produce compound licorice oral solutions.
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