Zacks Research upgraded shares of Top Glove Co. Bhd. (OTCMKTS:TGLVY – Free Report) to a hold rating in a report issued on Wednesday morning,Zacks.com reports.
Top Glove Co. Bhd. Stock Performance
Top Glove Co. Bhd. stock opened at $0.68 on Wednesday. Top Glove Co. Bhd. has a 12-month low of $0.46 and a 12-month high of $0.93. The firm has a 50 day simple moving average of $0.74 and a 200-day simple moving average of $0.64.
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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