MGM China (OTCMKTS:MCHVF) Stock Price Passes Below 50 Day Moving Average – Time to Sell?

MGM China Holdings Limited (OTCMKTS:MCHVFGet Free Report) shares passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $1.08 and traded as low as $1.08. MGM China shares last traded at $1.08, with a volume of 12,000 shares traded.

MGM China Trading Down 20.6 %

The firm has a 50-day moving average of $1.08 and a 200-day moving average of $1.19.

MGM China Company Profile

(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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