Megaworld Co. (OTCMKTS:MGAWY – Get Free Report)’s stock price dropped 1.5% during mid-day trading on Wednesday . The stock traded as low as $7.14 and last traded at $7.14. Approximately 620 shares traded hands during trading, a decline of 82% from the average daily volume of 3,433 shares. The stock had previously closed at $7.25.
Megaworld Stock Performance
The company has a fifty day moving average of $7.57 and a 200-day moving average of $6.84.
Megaworld Increases Dividend
The company also recently announced a dividend, which was paid on Tuesday, December 3rd. Stockholders of record on Tuesday, November 5th were paid a $0.2826 dividend. This is a positive change from Megaworld’s previous dividend of $0.15. The ex-dividend date of this dividend was Tuesday, November 5th.
Megaworld Company Profile
Megaworld Corporation, together with its subsidiaries, engages in the development, sale, and leasing of real estate properties in the Philippines. The company develops mixed-use planned communities or townships, including residential, commercial, leisure, and entertainment components. Its real estate portfolio comprises residential condominium units, subdivision lots and townhouses, and condominium-hotel projects, as well as office projects and retail spaces.
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