Shares of TOP GLOVE CORP/ADR (OTCMKTS:TGLVY) traded down 0.6% during mid-day trading on Friday . The stock traded as low as $5.61 and last traded at $5.61, 1,458 shares changed hands during mid-day trading. A decline of 83% from the average session volume of 8,715 shares. The stock had previously closed at $5.65.
Several equities analysts recently issued reports on the stock. JPMorgan Chase & Co. upgraded shares of TOP GLOVE CORP/ADR from a “neutral” rating to an “overweight” rating in a report on Thursday, January 23rd. Citigroup upgraded shares of TOP GLOVE CORP/ADR from a “neutral” rating to a “buy” rating in a report on Friday, January 24th.
The firm’s fifty day moving average is $5.03 and its 200-day moving average is $4.58.
About TOP GLOVE CORP/ADR (OTCMKTS:TGLVY)
Top Glove Corporation Bhd., an investment holding company, researches, develops, manufactures, and trades in gloves and rubber goods in Malaysia. The company offers latex, nitrile, thermoplastic elastomer, cast polyethylene, vinyl, and polyisoprene surgical gloves. It also produces and sells concentrate latex, formers, chemicals, chemical compounds, rubber dental dams, exercise bands, condoms, and rubber related products.
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