MOGU Inc. Sponsored ADR (NYSE:MOGU – Get Free Report) was the recipient of a significant decrease in short interest in September. As of September 30th, there was short interest totaling 1,139 shares, a decrease of 61.0% from the September 15th total of 2,923 shares. Based on an average daily trading volume, of 1,443 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.0% of the company’s stock are sold short.
MOGU Trading Down 5.1%
Shares of NYSE MOGU traded down $0.10 during midday trading on Tuesday, hitting $1.86. The company’s stock had a trading volume of 8,049 shares, compared to its average volume of 15,606. MOGU has a 1-year low of $1.27 and a 1-year high of $3.29. The firm’s fifty day moving average price is $1.92 and its 200-day moving average price is $2.05.
Wall Street Analyst Weigh In
Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of MOGU in a research report on Tuesday, August 4th. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the company currently has an average rating of “Sell”.
About MOGU
MOGU Inc operates a fashion and lifestyle-focused online platform in China. Historically known as Mogujie, the company connects consumers with merchants and fashion content creators through a mobile and web-based marketplace designed around product discovery, recommendations and social interaction.
The platform has offered apparel, accessories, beauty products and other lifestyle merchandise from third-party sellers. Its services have included online shopping, personalized product recommendations, user-generated content, influencer marketing and livestreaming, enabling merchants and creators to showcase products and engage directly with consumers.
MOGU was founded in 2011 and has primarily served consumers and businesses in China.
Further Reading
- Five stocks we like better than MOGU
- A Chinese Rival Just Spooked Memory Stocks—How Worried Should Micron Investors Be?
- Could T-Mobile’s Satellite Competition Fears Create a Buying Opportunity?
- Surgical Precision, Sustainable Returns: Johnson & Johnson Secures Its Cash Flow Runway
- Tesla’s Robotaxi Lands in Paris—But Europe’s Real Fight Is Over Cheap EVs
Receive News & Ratings for MOGU Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MOGU and related companies with MarketBeat.com's FREE daily email newsletter.
