MGM China (OTCMKTS:MCHVF) Stock Crosses Below 50-Day Moving Average – Should You Sell?

MGM China Holdings Limited (OTCMKTS:MCHVFGet Free Report) shares crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $1.08 and traded as low as $1.08. MGM China shares last traded at $1.08, with a volume of 12,000 shares traded.

MGM China Stock Down 20.6 %

The stock’s 50 day moving average is $1.08 and its two-hundred day moving average is $1.19.

About MGM China

(Get Free Report)

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 develops and operates casino games of chance and other casino games, and related hotel and resort facilities, as well as provides hotel management services; and develops integrated resorts in Macau.

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