Genting Malaysia Berhad (OTCMKTS:GMALY – Get Free Report)’s share price dropped 12.2% during trading on Monday . The company traded as low as $7.90 and last traded at $7.90. 212 shares were traded during trading, an increase of 20% from the average session volume of 176 shares. The stock had previously closed at $9.00.
Genting Malaysia Berhad Price Performance
The firm has a 50-day moving average price of $11.14 and a two-hundred day moving average price of $13.12.
Genting Malaysia Berhad Cuts Dividend
The firm also recently announced a dividend, which will be paid on Thursday, April 17th. Stockholders of record on Monday, March 17th will be issued a dividend of $0.225 per share. The ex-dividend date of this dividend is Monday, March 17th.
Genting Malaysia Berhad Company Profile
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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