Genting Malaysia Berhad (OTCMKTS:GMALY) Trading Up 7.1% – Here’s What Happened

Genting Malaysia Berhad (OTCMKTS:GMALY) shares were up 7.1% during mid-day trading on Friday . The stock traded as high as $15.00 and last traded at $15.00. Approximately 126 shares were traded during mid-day trading, a decline of 82% from the average daily volume of 683 shares. The stock had previously closed at $14.00.

Genting Malaysia Berhad Stock Up 7.1 %

The company has a 50 day simple moving average of $13.66 and a 200-day simple moving average of $14.07.

Genting Malaysia Berhad (OTCMKTS:GMALY) last announced its quarterly earnings data on Thursday, August 29th. The company reported $0.08 earnings per share for the quarter. The company had revenue of $564.25 million during the quarter.

Genting Malaysia Berhad Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, October 15th. Stockholders of record on Wednesday, September 18th were issued a $0.3279 dividend. The ex-dividend date of this dividend was Wednesday, September 18th.

Genting Malaysia Berhad Company Profile

Genting Malaysia Berhad, together with its subsidiaries, engages in the leisure and hospitality business in Malaysia, the United Kingdom, Egypt, the United States, and the Bahamas. It operates through Leisure & Hospitality, and Properties segments. The Leisure & Hospitality segment comprises integrated resort activities, which include gaming, hotels, food and beverages, theme parks, and retail and entertainment attractions, as well as tours and travel related, and other supporting services.