Genting Malaysia Berhad (OTCMKTS:GMALY) Stock Price Up 7.1% – Still a Buy?

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

Genting Malaysia Berhad Trading Up 7.1 %

The business has a fifty day moving average of $13.62 and a 200-day moving average of $14.11.

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

Genting Malaysia Berhad Cuts Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, October 15th. Shareholders of record on Wednesday, September 18th were given a dividend of $0.3279 per share. 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.