MOGU (NYSE:MOGU) Stock Price Down 2.5% – Here’s Why

MOGU Inc. (NYSE:MOGUGet Free Report)’s stock price dropped 2.5% on Monday . The stock traded as low as $2.00 and last traded at $2.02. Approximately 2,627 shares traded hands during trading, a decline of 58% from the average daily volume of 6,221 shares. The stock had previously closed at $2.07.

MOGU Price Performance

The stock’s 50-day simple moving average is $2.14 and its 200-day simple moving average is $2.22.

About MOGU

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MOGU Inc, through its subsidiaries, engages in the online fashion and lifestyle business in the People's Republic of China. The company operates an online platform that primarily offers a range of fashion apparel and other products, including beauty products and accessories provided by third party merchants, as well as personal care, food, and medical beauty products.

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