Genting Malaysia Berhad (OTCMKTS:GMALF) Trading Up 9.2% – Here’s What Happened

Genting Malaysia Berhad (OTCMKTS:GMALFGet Free Report) shares traded up 9.2% during trading on Tuesday . The company traded as high as $0.5528 and last traded at $0.5528. 100 shares traded hands during trading, a decline of 87% from the average session volume of 783 shares. The stock had previously closed at $0.5064.

Genting Malaysia Berhad Price Performance

The stock has a 50 day moving average price of $0.58 and a two-hundred day moving average price of $0.50.

About Genting Malaysia Berhad

(Get Free Report)

Genting Malaysia Berhad is a leading Malaysian leisure and hospitality company and a publicly traded subsidiary of the Genting Group. Established in 1965 as Highlands & Lowlands Berhad, the company was later rebranded as Genting Malaysia Berhad and has grown to become one of Asia’s largest integrated resort operators. The firm’s primary business activities encompass the development, operation and management of resort hotels, casinos, convention facilities, theme parks and other leisure attractions.

The company’s flagship property is Resorts World Genting, nestled in the Titiwangsa Mountains of Pahang, Malaysia, which combines gaming, hotel accommodation, retail outlets, entertainment venues and a theme park.

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