Mega Fortune Company Limited (NASDAQ:MGRT - Get Free Report)'s stock price gapped up prior to trading on Wednesday . The stock had previously closed at $139.78, but opened at $153.00. Mega Fortune shares last traded at $136.05, with a volume of 2,513 shares trading hands.
Wall Street Analyst Weigh In
Separately, Wall Street Zen raised shares of Mega Fortune to a "hold" rating in a report on Saturday. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Mega Fortune currently has an average rating of "Sell".
Read Our Latest Research Report on Mega Fortune
Mega Fortune Trading Down 0.9%
The business's fifty day simple moving average is $44.51 and its two-hundred day simple moving average is $19.79.
Mega Fortune (NASDAQ:MGRT - Get Free Report) last released its quarterly earnings data on Tuesday, February 3rd. The company reported $0.04 earnings per share for the quarter.
Mega Fortune Company Profile
(
Get Free Report)
We are a holding company incorporated as an exempted company with limited liability in the Cayman Islands. Our ordinary shares offered in this prospectus are shares of our Cayman Islands holding company. As a holding company with no material operations of our own, we conduct our business through our operating subsidiary in Hong Kong. We own 100% equity interest of all our subsidiaries and do not have a variable interest entity, or VIE, structure. We are an Internet of Things (“IoT”) solution provider in Hong Kong.
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