What moved Magnus Concordia Group Limited (HKSE: 1172.HK) stock today?

Today's move in 1172.HK on the HKSE came alongside volume +732.27% above average and a day range of $0.02–$0.02.

How much did Magnus Concordia Group Limited's (HKSE: 1172.HK) volume change today?

1172.HK's volume on the HKSE was 2.22M, +732.27% above its average.

Is Magnus Concordia Group Limited (HKSE: 1172.HK) breaking a resistance level?

1172.HK on the HKSE is trading below its 50-day MA ($0.02) and below its 200-day MA ($0.02), which points to short-term and long-term weakness.

Why Is Magnus Concordia Group Limited (HKSE: 1172.HK) Stock Down Today?

Q: Why is Magnus Concordia Group Limited (HKSE: 1172.HK) stock down today?

1172.HK on the HKSE is down -5.88% at $0.02 today, with price action that suggests selling interest.

Live update on 1172.HK's movement on the HKSE, with key data on price change, volume, technical indicators, sector trends, and analyst sentiment.

1172.HK●HKSE

IndustrialsSpecialty Business Services

HK$0.02

HK$0.001(5.88%)

Hong Kong Market is Open · 14:00

Magnus Concordia Group Limited (HKSE: 1172.HK) Update

Day Change

5.88%

↓ 5.88%

Volume (Unusual)

2.22M

↑ 732.00%

Open / Previous Close

$0.02 / $0.02

Day Range (Low / High)

$0.02 - $0.02

Magnus Concordia Group Limited (HKSE: 1172.HK) Summary

Magnus Concordia Group Limited (HKSE: 1172.HK) is trading down -5.88% at $0.02, reflecting a negative shift in investor sentiment today. The stock opened at $0.02 and has moved between $0.02 and $0.02 so far.

Trading volume is 2220000, which is 732% above its average, and the price action suggests selling interest.

Technically, 1172.HK on the HKSE is trading below its 50-day moving average of $0.02 and below its 200-day moving average of $0.02, indicating short-term and long-term weakness.

Meyka's AI assigns 1172.HK a grade of B (Overall moderate), reflecting its assessment of fundamentals and sentiment. Forecast models project potential returns of +25.00% in 1 month ($0.02), -78.87% in 1 year ($0.00), and -100.00% in 5 years ($0.00).

See full chart, check forecasting details, or see the AI grade breakdown to explore what's driving this stock's movement on the HKSE.
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1172.HK (HKSE) Technical Signals

Trading below 50-day moving average ($0.02)

Trading below 200-day moving average ($0.02)

Analyst Recommendations data is not available for 1172.HKAnalyst Recommendations details for 1172.HK are currently unavailable. We're actively monitoring for updates and will publish them as soon as they’re released. Please check back again shortly.

Price Forecast

1 Month

$0.02

1 Year

$0.00

3 Years

N/A

5 Years

N/A

Good64.00

Is this change significant?

5-Day:N/A

1-Month:-5.88%

3-Month:-5.88%

What's next?

Next earnings date: 7/30/2025