Genting Malaysia Berhad (OTCMKTS:GMALY – Get Free Report) shares dropped 12.2% during mid-day trading on Monday . The stock traded as low as $7.90 and last traded at $7.90. Approximately 212 shares traded hands during trading, an increase of 20% from the average daily volume of 176 shares. The stock had previously closed at $9.00.
Genting Malaysia Berhad Trading Down 12.2 %
The firm has a 50-day moving average of $11.26 and a 200 day moving average of $13.16.
Genting Malaysia Berhad Cuts Dividend
The business also recently disclosed a dividend, which will be paid on Thursday, April 17th. Stockholders of record on Monday, March 17th will be issued a $0.225 dividend. The ex-dividend date of this dividend is Monday, March 17th.
About Genting Malaysia Berhad
Genting Malaysia Berhad, together with its subsidiaries, engages in the leisure and hospitality business in Malaysia, the United Kingdom, Egypt, the United States, and the Bahamas. It operates through Leisure & Hospitality, and Properties segments. The Leisure & Hospitality segment comprises integrated resort activities, which include gaming, hotels, food and beverages, theme parks, and retail and entertainment attractions, as well as tours and travel related, and other supporting services.
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