MGM China (OTCMKTS:MCHVY) Trading 3.1% Higher – Time to Buy?

Shares of MGM China Holdings Limited (OTCMKTS:MCHVYGet Free Report) were up 3.1% on Monday . The company traded as high as $15.46 and last traded at $15.46. Approximately 413 shares traded hands during trading, a decline of 45% from the average daily volume of 745 shares. The stock had previously closed at $15.00.

MGM China Stock Performance

The firm has a 50 day moving average price of $15.14 and a 200-day moving average price of $16.56.

About MGM China

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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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