Genting Malaysia Berhad (OTCMKTS:GMALY) Shares Down 31.3% – Should You Sell?

Genting Malaysia Berhad (OTCMKTS:GMALYGet Free Report)’s share price dropped 31.3% on Thursday . The company traded as low as $11.00 and last traded at $11.00. Approximately 183 shares traded hands during mid-day trading, an increase of 4% from the average daily volume of 176 shares. The stock had previously closed at $16.00.

Genting Malaysia Berhad Price Performance

The business’s 50 day moving average is $13.74 and its two-hundred day moving average is $13.75.

About Genting Malaysia Berhad

(Get Free Report)

Genting Malaysia Berhad, together with its subsidiaries, engages in the leisure and hospitality business in Malaysia, the United Kingdom, Egypt, the United States, and the Bahamas. It operates through Leisure & Hospitality, and Properties segments. The Leisure & Hospitality segment comprises integrated resort activities, which include gaming, hotels, food and beverages, theme parks, and retail and entertainment attractions, as well as tours and travel related, and other supporting services.

Recommended Stories

Receive News & Ratings for Genting Malaysia Berhad Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Genting Malaysia Berhad and related companies with MarketBeat.com's FREE daily email newsletter.