MGN (NASDAQ:MGN) Stock Rating Lowered by Wall Street Zen

MGN (NASDAQ:MGN – Get Free Report) was downgraded by Wall Street Zen from a “sell” rating to a “strong sell” rating in a research note issued to investors on Sunday, Wall Street Zen reports.

Separately, Weiss Ratings upgraded MGN from a “sell (d-)” rating to a “sell (d)” rating in a research report on Friday. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has a consensus rating of “Sell”.

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MGN Stock Down 0.8%

Shares of NASDAQ MGN opened at $3.68 on Friday. MGN has a 1-year low of $1.67 and a 1-year high of $155.40. The company has a 50-day moving average of $1,844.53 and a two-hundred day moving average of $12,761.80.

MGN (NASDAQ:MGN – Get Free Report) last released its quarterly earnings results on Friday, August 14th. The company reported ($21.08) EPS for the quarter. The firm had revenue of $1.56 million for the quarter.

MGN Company Profile

(Get Free Report)

Megan Holdings is a company principally engaged in the development, construction and maintenance of aquaculture farms and related works. Megan Holdings is based in Malaysia.

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