Megaworld Corporation (MEG) Stock Price
₱2.00
The stock price of MEG today is ₱2.00, based on the most recent trading session. MEG share price decreased by 2.91% (see other notable decliners), with a trading volume of 44,293,000 shares.
The table below provides a snapshot of the stock's performance over various timeframes.
Period | % Change | Average Price | Highest Price | Lowest Price | Average Volume | Average Trade |
---|---|---|---|---|---|---|
7 Days | -5.66% | ₱2.08 | ₱2.15 | ₱2.00 | 19,759,600 shares | ₱40.57 Million |
1 Month | -8.68% | ₱2.10 | ₱2.19 | ₱2.00 | 14,398,455 shares | ₱30.08 Million |
3 Months | -6.1% | ₱2.17 | ₱2.35 | ₱2.00 | 18,425,188 shares | ₱40.20 Million |
6 Months | 12.99% | ₱2.02 | ₱2.35 | ₱1.72 | 16,987,706 shares | ₱34.72 Million |
YTD | 1.01% | ₱1.96 | ₱2.35 | ₱1.72 | 14,592,975 shares | ₱28.99 Million |
1 Year | 1.52% | ₱1.96 | ₱2.35 | ₱1.72 | 14,503,294 shares | ₱28.81 Million |
Megaworld Corporation (MEG) was incorporated on August 24, 1989, and specializes in real estate development, leasing, and marketing. In 1996, the company strategically shifted its focus to developing office buildings to support the burgeoning Business Process Outsourcing (BPO) sector, initiating the development of the Eastwood City township. To reflect its evolution into a holding company while continuing its core focus on real estate, MEG officially changed its corporate name on August 19, 1999.
MEG's diverse real estate portfolio encompasses a variety of offerings, including residential condominium units, subdivision lots, townhouses, office projects, and retail spaces. The company operates through three primary business segments:
- Real Estate Sales: Focused on residential developments.
- Leasing: Providing office spaces, predominantly to BPO enterprises, and retail spaces.
- Hotel Management: Overseeing the operations of multiple hotel brands.
Since its inception, MEG and its affiliates have launched over 741 residential buildings, 74 premier office spaces, 24 lifestyle malls and commercial centers, and 13 hotel brands, including condotels.
The company’s subsidiaries and associates include:
- Richmonde Hotel Group International Limited
- Eastwood Cyber One Corporation
- Empire East Land Holdings, Inc.
- Global-Estate Resorts, Inc.
- Bonifacio West Development Corporation