Genting Singapore (OTCMKTS:GIGNY) Trading Down 8.1% – Here’s Why

Genting Singapore Limited (OTCMKTS:GIGNYGet Free Report)’s share price dropped 8.1% during mid-day trading on Wednesday . The stock traded as low as $26.5825 and last traded at $26.5825. Approximately 128 shares changed hands during trading, a decline of 83% from the average daily volume of 757 shares. The stock had previously closed at $28.94.

Genting Singapore Stock Performance

The company’s 50-day simple moving average is $28.77 and its 200-day simple moving average is $28.85.

Genting Singapore Company Profile

(Get Free Report)

Genting Singapore Limited, an investment holding company, primarily engages in the construction, development, and operation of integrated resort destinations in Asia. The company owns Resorts World Sentosa, a destination resort located on Singapore's resort island of Sentosa featuring S.E.A. Aquarium, an aquarium; Adventure Cove Waterpark, an aquatic park integrated with marine life; Universal Studios Singapore, a Universal Studios theme park; ESPA, a destination spa; indoor and outdoor MICE venues; and various dining, retail, and entertainment options.

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