Mega Fortune Company Limited (NASDAQ:MGRT – Get Free Report)’s stock price gapped down before the market opened on Tuesday . The stock had previously closed at $86.00, but opened at $80.88. Mega Fortune shares last traded at $80.88, with a volume of 1,171 shares trading hands.
Analyst Ratings Changes
Separately, Wall Street Zen upgraded shares of Mega Fortune to a “hold” rating in a research report on Saturday, May 2nd. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, Mega Fortune has a consensus rating of “Sell”.
View Our Latest Stock Analysis on Mega Fortune
Mega Fortune Stock Performance
Mega Fortune (NASDAQ:MGRT – Get Free Report) last announced its earnings results on Tuesday, February 3rd. The company reported $0.04 earnings per share (EPS) for the quarter.
Mega Fortune Company Profile
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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