Genting Singapore (OTCMKTS:GIGNY) Trading Down 7.3% – Here’s What Happened

Genting Singapore Limited (OTCMKTS:GIGNYGet Free Report) shares fell 7.3% during trading on Thursday . The company traded as low as $22.25 and last traded at $22.25. Approximately 1,041 shares traded hands during trading, an increase of 45% from the average session volume of 719 shares. The stock had previously closed at $24.00.

Genting Singapore Stock Down 7.3%

The company has a 50-day simple moving average of $23.73 and a two-hundred day simple moving average of $25.24.

About Genting Singapore

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Genting Singapore PLC is a leading integrated resort developer and operator headquartered in Singapore. A subsidiary of Malaysia’s Genting Berhad, the company focuses on the development, management and operation of large‐scale leisure and hospitality projects. Its flagship property, Resorts World Sentosa, exemplifies its expertise in combining gaming, hospitality, entertainment and retail under a single resort complex.

Resorts World Sentosa features a casino, multiple luxury hotels, convention facilities and themed attractions including Universal Studios Singapore, S.E.A.

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