Top Glove Co. Bhd. (OTCMKTS:TGLVY) Shares Gap Up – Here’s What Happened

Top Glove Co. Bhd. (OTCMKTS:TGLVYGet Free Report)’s stock price gapped up prior to trading on Thursday . The stock had previously closed at $0.6209, but opened at $0.7375. Top Glove Co. Bhd. shares last traded at $0.7375, with a volume of 375 shares traded.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised shares of Top Glove Co. Bhd. to a “hold” rating in a research note on Wednesday, July 1st. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, Top Glove Co. Bhd. currently has an average rating of “Hold”.

Read Our Latest Analysis on TGLVY

Top Glove Co. Bhd. Stock Up 18.8%

The business’s 50 day moving average price is $0.60 and its 200 day moving average price is $0.66.

Top Glove Co. Bhd. Company Profile

(Get Free Report)

Top Glove Co Bhd. is a Malaysia-based manufacturer of disposable gloves and related healthcare products. The company produces examination and surgical gloves made primarily from natural rubber latex and nitrile, along with other glove products for healthcare, industrial, laboratory, cleanroom, food-handling and household applications.

Founded in 1991 by Lim Wee Chai and Lee Kim Meow, Top Glove has grown from a Malaysian glove producer into an international supplier serving customers across healthcare, manufacturing, food services and other industries.

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