MGM China Holdings Limited (OTCMKTS:MCHVY – Get Free Report)’s stock price dropped 13% during mid-day trading on Monday . The stock traded as low as $14.90 and last traded at $14.90. Approximately 141 shares traded hands during mid-day trading, a decline of 33% from the average daily volume of 211 shares. The stock had previously closed at $17.1250.
MGM China Price Performance
The company’s 50-day simple moving average is $17.08 and its 200-day simple moving average is $19.16.
About MGM China
MGM China Holdings Limited is a developer and operator of luxury integrated resorts in the Macau Special Administrative Region of China. The company’s core business encompasses casino gaming, hospitality, entertainment, retail and convention services. Through its flagship properties, MGM China offers a full spectrum of experiences, ranging from high-end gaming salons and mass-market gaming tables to fine dining venues, world-class entertainment shows and upscale retail boutiques.
MGM China’s portfolio includes two major integrated resorts: MGM Macau, located on the Macau Peninsula, and MGM Cotai, situated in the Cotai resort zone.
Further Reading
- Five stocks we like better than MGM China
- These 5 Companies Just Made a Massive Bet on Themselves
- 5 Stocks Built to Thrive in a Higher-for-Longer Economy
- RH’s Strong Q1 Still Leaves Investors With One Big Question
- Iran Ceasefire or Not, These 3 Companies Could Win
Receive News & Ratings for MGM China Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MGM China and related companies with MarketBeat.com's FREE daily email newsletter.
