Breaking Finance News

Credit Suisse downgraded MGM China (OTC:MCHVF) from Outperform to Neutral in a report released earlier today.

Yesterday MGM China (OTC:MCHVF) traded 0.00% even at $1.73. The company’s 50-day moving average is $1.55 and its 200-day moving average is $1.43. The last stock close price is up 21.27% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 0 shares of MCHVF traded hands, down from an average trading volume of 1,086

Credit Suisse has downgraded MGM China (OTC:MCHVF) from Outperform to Neutral in a report released on Friday September 23, 2016.

Recent Performance Chart

MGM China (OTC:MCHVF)

With a total market value of $0, MGM China has price-earnings ratio of 18.80 with a one year low of $1.04 and a one year high of $1.77 .

More About MGM China (OTC:MCHVF)

MGM China Holdings Limited, an investment holding company, engages in the development and operation of casino games of chance and other casino games, and the related hotel and resort facilities in Macau. It owns and operates the MGM Macau, a 5-star integrated resort located on the Macau Peninsula. The casino has a floor area of approximately 25,459 square meters, with 1,174 slot machines, 427 gaming tables, and multiple VIP and private gaming areas; and hotel that comprises a 35-storey tower with 579 deluxe rooms, including 468 standard guest rooms, 99 luxury suites, and 12 private luxury villas. Its resort offers luxurious amenities, including 8 diverse restaurants and bars, pool and spa facilities, and approximately 1,600 square meters of convertible convention space. In addition, it is involved in the food and beverage operations. The company was incorporated in 2010 and is based in Nape, Macau. MGM China Holdings Limited is a subsidiary of MGM Resorts International Holdings, Ltd.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

Leave a Reply

Your email address will not be published. Required fields are marked *