SkyCity Entertainment Group (OTC:SKYZF) Stock Price Down 18% – Here’s Why

Shares of SkyCity Entertainment Group Limited (OTC:SKYZFGet Free Report) were down 18% during mid-day trading on Thursday . The stock traded as low as $0.50 and last traded at $0.50. Approximately 2,500 shares changed hands during mid-day trading, an increase of 733% from the average daily volume of 300 shares. The stock had previously closed at $0.61.

SkyCity Entertainment Group Trading Down 18.0%

The company’s 50-day simple moving average is $0.58 and its 200 day simple moving average is $0.58.

About SkyCity Entertainment Group

(Get Free Report)

SkyCity Entertainment Group Limited, together with its subsidiaries, operates in the gaming, entertainment, hotel, convention, hospitality, and tourism sectors in New Zealand and Australia. It operates through Skycity Auckland, SkyCity Adelaide, International Business, and Other Operations segments. The company operates integrated entertainment complexes that includes casinos, hotels, conventions, restaurants and bars, entertainment and attractions, day spas, tenpin bowling and wellness centres, car parking, sky tower, theaters, telecommunications and broadcasting facilities, and office/retail spaces located in Auckland, Hamilton, Queenstown, and Adelaide.

Further Reading

Receive News & Ratings for SkyCity Entertainment Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SkyCity Entertainment Group and related companies with MarketBeat.com's FREE daily email newsletter.