Top Glove Co. Bhd. (OTCMKTS:TGLVY – Get Free Report) shares rose 8.6% during mid-day trading on Wednesday . The company traded as high as $0.5802 and last traded at $0.5802. Approximately 1,439 shares were traded during trading, a decline of 36% from the average session volume of 2,257 shares. The stock had previously closed at $0.5341.
Analyst Upgrades and Downgrades
Separately, Zacks Research upgraded shares of Top Glove Co. Bhd. to a “hold” rating in a report on Wednesday, July 1st. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Top Glove Co. Bhd. presently has an average rating of “Hold”.
View Our Latest Research Report on Top Glove Co. Bhd.
Top Glove Co. Bhd. Stock Up 2.3%
About Top Glove Co. Bhd.
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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