Could MOGU Inc. (MOGU) Gain Strenght? The Stock Reaches Yearly Low

The stock of MOGU Inc. (NYSE:MOGU) is a huge mover today! The stock decreased 4.49% or $0.1299 during the last trading session, reaching $2.76. About 207,760 shares traded or 100.15% up from the average. MOGU Inc. (NYSE:MOGU) has 0.00% since September 13, 2018 and is . It has by 0.00% the S&P500.
The move comes after 8 months negative chart setup for the $278.69M company. It was reported on Sep, 13 by Barchart.com. We have $2.51 PT which if reached, will make NYSE:MOGU worth $25.08M less.

More notable recent MOGU Inc. (NYSE:MOGU) news were published by: Benzinga.com which released: “Stocks That Set New 52-Week Lows Friday Morning – Benzinga” on August 02, 2019, also Businesswire.com with their article: “MOGU Inc. Announces Share Repurchase Program – Business Wire” published on May 30, 2019, Benzinga.com published: “60 Biggest Movers From Friday – Benzinga” on August 26, 2019. More interesting news about MOGU Inc. (NYSE:MOGU) were released by: Seekingalpha.com and their article: “Why The Revolve IPO May Be One Of The Best IPOs This Year – Seeking Alpha” published on June 07, 2019 as well as Finance.Yahoo.com‘s news article titled: “Why Is MOGU Trading 80% Below Its IPO Price? – Yahoo Finance” with publication date: August 27, 2019.

MOGU Inc. operates as an online fashion and lifestyle destination in China. The company has market cap of $278.69 million. It operates a platform that enables users to discover and share latest fashion trends through its community. It currently has negative earnings. The firm offers its users accessibility to dress in style and express themselves by offering a range of fashion apparel and other lifestyle products, such as beauty products and accessories provided by third party merchants.

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