MGM China Holdings Ltd (OTCMKTS:MCHVF) shares rose 7.5% during mid-day trading on Thursday . The stock traded as high as $1.29 and last traded at $1.29, approximately 13,100 shares changed hands during trading. An increase of 248% from the average daily volume of 3,769 shares. The stock had previously closed at $1.20.
The company has a 50 day moving average of $1.26 and a 200-day moving average of $1.34.
About MGM China (OTCMKTS:MCHVF)
MGM China Holdings Limited, an investment holding company, engages in the development, ownership, and operation of gaming and lodging resorts in the Greater China region. The company engages in the development and operation of casino games of chance and other casino games, and the related hotel and resort facilities; and the development of integrated resorts in Macau.
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