MGN (NASDAQ:MGN) Issues Earnings Results

MGN (NASDAQ:MGNGet Free Report) issued its quarterly earnings data on Friday. The company reported ($0.01) earnings per share for the quarter, FiscalAI reports. The business had revenue of $8.68 million for the quarter.

MGN Price Performance

Shares of NASDAQ:MGN opened at $0.16 on Friday. MGN has a 1 year low of $0.13 and a 1 year high of $8.63.

Analysts Set New Price Targets

Separately, Weiss Ratings started coverage on MGN in a research report on Tuesday, March 17th. They set a “sell (e+)” rating on the stock. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company has a consensus rating of “Sell”.

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MGN Company Profile

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Megan Holdings is a company principally engaged in the development, construction and maintenance of aquaculture farms and related works. Megan Holdings is based in Malaysia.

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