MGM China (OTCMKTS:MCHVF) has been upgraded from Hold to Buy in a report by HSBC today.
- Updated: November 28, 2016
HSBC has upgraded MGM China (OTCMKTS:MCHVF) from Hold to Buy in a report released on 11/28/2016. They are also indicating a potential upside of 0%.
Having a price of $0.00, MGM China (OTCMKTS:MCHVF) traded 4.17% higher on the day. With the last stock price close down 44.93% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. The company has recorded a 50-day moving average of $1.81 and a 200-day moving average of $1.55. 100 shares of MCHVF traded hands, down from an average trading volume of 3,084
With a total market value of $0, MGM China has P/E ratio of 24.46 with a 52 week low of $1.04 and a 52 week high of $2.25 .
General Company Details For MGM China (OTCMKTS: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.
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