Genting Malaysia Berhad (OTCMKTS:GMALY) Shares Down 21.4% – Here’s What Happened

Genting Malaysia Berhad (OTCMKTS:GMALYGet Free Report) was down 21.4% during trading on Tuesday . The stock traded as low as $11.00 and last traded at $11.00. Approximately 150 shares were traded during mid-day trading, a decline of 28% from the average session volume of 208 shares. The stock had previously closed at $13.99.

Genting Malaysia Berhad Price Performance

The business has a 50 day simple moving average of $13.76 and a 200-day simple moving average of $13.92.

Genting Malaysia Berhad (OTCMKTS:GMALYGet Free Report) last issued its quarterly earnings data on Thursday, May 21st. The company reported ($0.45) earnings per share for the quarter. The company had revenue of $722.92 million for the quarter.

About Genting Malaysia Berhad

(Get Free Report)

Genting Malaysia Berhad, a member of the Genting Group, is a Malaysia-based leisure and hospitality company that operates integrated resorts and gaming establishments. Incorporated under the Malaysian Companies Act and listed on Bursa Malaysia in 2006, the company traces its roots to the development of Resorts World Genting by founder Tan Sri Lim Goh Tong. Today, Genting Malaysia Berhad serves as the principal vehicle for the group’s land-based casino and resort operations.

The company’s flagship asset is Resorts World Genting, situated atop the cool highlands of Pahang.

See Also

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.