SkyCity Entertainment Group (OTC:SKYZF) Stock Price Down 16.5% – Here’s What Happened

SkyCity Entertainment Group Limited (OTC:SKYZFGet Free Report)’s stock price fell 16.5% on Wednesday . The stock traded as low as $0.76 and last traded at $0.76. 500 shares traded hands during trading, an increase of 67% from the average session volume of 300 shares. The stock had previously closed at $0.92.

SkyCity Entertainment Group Price Performance

The firm has a 50-day simple moving average of $0.91 and a 200 day simple moving average of $1.03.

About SkyCity Entertainment Group

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SkyCity Entertainment Group Limited, together with its subsidiaries, operates in the gaming, entertainment, hotel, convention, hospitality, and tourism sectors in New Zealand and Australia. It operates through Skycity Auckland, SkyCity Adelaide, International Business, and Other Operations segments. The company operates integrated entertainment complexes that includes casinos, hotels, conventions, restaurants and bars, entertainment and attractions, day spas, tenpin bowling and wellness centres, car parking, sky tower, theaters, telecommunications and broadcasting facilities, and office/retail spaces located in Auckland, Hamilton, Queenstown, and Adelaide.

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