MGM China Holdings Limited (OTCMKTS:MCHVF – Get Free Report) traded down 23.4% on Thursday . The company traded as low as $1.05 and last traded at $1.05. 400 shares changed hands during mid-day trading, a decline of 83% from the average session volume of 2,358 shares. The stock had previously closed at $1.37.
MGM China Stock Performance
The company has a 50 day moving average of $1.29 and a 200-day moving average of $1.48.
About MGM China
MGM China Holdings Limited, an investment holding company, engages in the development, ownership, and operation of gaming and lodging resorts in the Greater China region. The company develops and operates casino games of chance and other casino games, and related hotel and resort facilities, as well as provides hotel management services; and develops integrated resorts in Macau.
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