Top Glove Co. Bhd. (OTCMKTS:TGLVY – Get Free Report) was upgraded by equities researchers at Zacks Research to a “hold” rating in a note issued to investors on Wednesday,Zacks.com reports.
Top Glove Co. Bhd. Price Performance
Shares of OTCMKTS TGLVY opened at $0.68 on Wednesday. The firm’s fifty day moving average is $0.74 and its 200 day moving average is $0.64. Top Glove Co. Bhd. has a 52 week low of $0.46 and a 52 week high of $0.93.
About Top Glove Co. Bhd.
Top Glove Co Bhd., founded in 1991 and headquartered in Klang, Malaysia, is among the world’s leading manufacturers of disposable gloves. Originally established to meet growing domestic demand, the company has expanded its operations over three decades to serve a global customer base. Its shares are listed on Bursa Malaysia, and its American depositary receipts trade under the symbol TGLVY on the OTC Markets.
The company’s core business is the design, production and marketing of a broad range of protective gloves, including latex, nitrile, vinyl and surgical-grade products.
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