Genting Malaysia Berhad (OTCMKTS:GMALF – Get Free Report) shares fell 22.7% on Monday . The company traded as low as $0.3750 and last traded at $0.3750. Approximately 1,000 shares traded hands during mid-day trading, an increase of 900% from the average session volume of 100 shares. The stock had previously closed at $0.4854.
Genting Malaysia Berhad Price Performance
The firm has a 50-day moving average of $0.49 and a two-hundred day moving average of $0.50.
About Genting Malaysia Berhad
Genting Malaysia Berhad is a leading Malaysian leisure and hospitality company and a publicly traded subsidiary of the Genting Group. Established in 1965 as Highlands & Lowlands Berhad, the company was later rebranded as Genting Malaysia Berhad and has grown to become one of Asia’s largest integrated resort operators. The firm’s primary business activities encompass the development, operation and management of resort hotels, casinos, convention facilities, theme parks and other leisure attractions.
The company’s flagship property is Resorts World Genting, nestled in the Titiwangsa Mountains of Pahang, Malaysia, which combines gaming, hotel accommodation, retail outlets, entertainment venues and a theme park.
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