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

Top Glove Co. Bhd. (OTCMKTS:TGLVYGet Free Report) shares gapped up prior to trading on Thursday . The stock had previously closed at $0.5802, but opened at $0.6880. Top Glove Co. Bhd. shares last traded at $0.6880, with a volume of 536 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded Top Glove Co. Bhd. to a “hold” rating in a research report on Wednesday, July 1st. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company has a consensus rating of “Hold”.

Read Our Latest Report on TGLVY

Top Glove Co. Bhd. Stock Performance

The business’s 50 day moving average price is $0.66 and its 200 day moving average price is $0.65.

Top Glove Co. Bhd. Company Profile

(Get Free Report)

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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