MGM China (OTCMKTS:MCHVF) Trading 10% Higher – Still a Buy?

MGM China Holdings Limited (OTCMKTS:MCHVFGet Free Report)’s share price rose 10% on Monday . The stock traded as high as $2.05 and last traded at $2.05. Approximately 697 shares were traded during mid-day trading, a decline of 59% from the average daily volume of 1,708 shares. The stock had previously closed at $1.8630.

MGM China Stock Up 10.0%

The stock’s fifty day simple moving average is $1.96 and its 200-day simple moving average is $1.82.

About MGM China

(Get Free Report)

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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