Shares of Genting Malaysia Berhad (OTCMKTS:GMALY – Get Free Report) dropped 21.4% during trading on Tuesday . The stock traded as low as $11.00 and last traded at $11.00. 150 shares were traded during trading, a decline of 28% from the average daily volume of 208 shares. The stock had previously closed at $13.99.
Genting Malaysia Berhad Stock Performance
The business’s 50 day moving average is $13.82 and its two-hundred day moving average is $13.93.
Genting Malaysia Berhad (OTCMKTS:GMALY – Get Free Report) last issued its quarterly earnings results on Thursday, May 21st. The company reported ($0.45) earnings per share (EPS) for the quarter. The business had revenue of $722.92 million during the quarter.
About Genting Malaysia Berhad
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.
Featured Articles
- Five stocks we like better than Genting Malaysia Berhad
- NextEra’s Dominion Deal Could Put It at the Center of the AI Power Race
- Amazon Could Be About to Reap the Rewards of a Software Spending Boom
- Best Buy’s Turnaround Is Gaining Traction, But Wall Street Still Needs Proof
- AI Fears Hit Nebius Stock, But Has the Growth Thesis Changed?
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.
-logo-1200x675.png){kind=logo}
