Shares of India Globalization Capital, Inc. (NYSEAMERICAN:IGC) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.00 and traded as high as $1.11. India Globalization Capital shares last traded at $1.11, with a volume of 2,200 shares changing hands.

India Globalization Capital (NYSEAMERICAN:IGC) last posted its earnings results on Friday, August 9th. The construction company reported ($0.03) earnings per share for the quarter. The company had revenue of $1.65 million for the quarter.

A number of hedge funds have recently made changes to their positions in IGC. Anson Funds Management LP bought a new stake in India Globalization Capital during the 2nd quarter worth approximately $155,000. Jane Street Group LLC boosted its stake in India Globalization Capital by 308.2% in the second quarter. Jane Street Group LLC now owns 44,782 shares of the construction company’s stock worth $73,000 after purchasing an additional 33,811 shares in the last quarter. Citadel Advisors LLC acquired a new position in India Globalization Capital in the second quarter worth $65,000. Vanguard Group Inc. bought a new stake in shares of India Globalization Capital during the second quarter worth $745,000. Finally, Northern Trust Corp bought a new stake in shares of India Globalization Capital during the second quarter worth $68,000.

India Globalization Capital Company Profile (NYSEAMERICAN:IGC)

India Globalization Capital, Inc engages in the development and commercialization of cannabis-based therapies to treat Alzheimer's, pain, nausea, eating disorders, several end points of Parkinson's, and epilepsy in humans, dogs, and cats. The company operates through two segments, Legacy Infrastructure and Medical Cannabis Based Alternative Therapies.

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