Masonglory Limited's (NASDAQ:MSGY) Quiet Period Will End on August 18th

Masonglory's (NASDAQ:MSGY - Get Free Report) quiet period will end on Monday, August 18th. Masonglory had issued 1,500,000 shares in its IPO on July 8th. The total size of the offering was $6,000,000 based on an initial share price of $4.00. During Masonglory's quiet period, insiders and any underwriters that worked on the IPO are restricted from issuing any earnings forecasts or research reports for the company because of regulations issued by the Securities and Exchange Commission. Following the end of the company's quiet period, it's expected that the brokerages that served as underwriters on the stock will initiate research coverage on the company.Wall Street Analyst Weigh InSeparately, Wall Street Zen raised shares of Masonglory to a "hold" rating in a research report on Saturday, July 19th.Get Our Latest Report on MasongloryMasonglory Stock Up 5.0%Shares of MSGY opened at $12.00 on Monday. Masonglory has a 52 week low of $3.83 and a 52 week high of $12.20. About Masonglory (Get Free Report)Masonglory Limited is a subcontractor providing wet trades and related ancillary services to private and public sectors. Masonglory Limited is based in Hong Kong. Read MoreFive stocks we like better than Masonglory3 Stocks to Consider Buying in October3 Dividend Stocks Raising Payouts—and Backing It Up With ResultsWhat is Short Interest? How to Use It3 Stocks With Monopoly Power—and Minimal CompetitionWhy Are These Companies Considered Blue Chips?Rocket Lab Reports Q2 Results: Is the Bull Thesis Still Intact?This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Masonglory Right Now?Before you consider Masonglory, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Masonglory wasn't on the list.While Masonglory currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here