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Portnoy Law Firm Announces Class Action on Behalf of Megan Holdings Limited Investors
Globe Newswire (Thu, 9-Jul 11:11 AM ET)
Megan Holdings Ltd is principally engaged in the development, construction and maintenance of aquaculture farms and related works. Its operations are based in Malaysia. The company's operating segments include: Aquaculture and agriculture; Industrial solutions; and Investment in marketable securities. It derives maximum revenue from Aquaculture and agriculture, which involves development, construction, and maintenance of aquaculture and agriculture farms and related works.
Megan Holdings Limited - Class A trades on the NASDAQ stock market under the symbol MGN.
As of July 14, 2026, MGN stock price was flat at $0.11 with 508,747 million shares trading.
MGN has a beta of 4.78, meaning it tends to be more sensitive to market movements. MGN has a correlation of 0.02 to the broad based SPY ETF.
MGN has a market cap of $4.07 million. This is considered a Sub-Micro Cap stock.
MGN support price is $.10 and resistance is $.13 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MGN shares will trade within this expected range on the day.
