MGM China (OTCMKTS:MCHVF) Stock Rating Lowered by Morgan Stanley

Morgan Stanley lowered shares of MGM China (OTCMKTS:MCHVFGet Rating) from an equal weight rating to an underweight rating in a research note published on Monday, The Fly reports.

MGM China Stock Performance

Shares of MCHVF opened at $0.59 on Monday. The business’s fifty day moving average price is $0.52 and its 200 day moving average price is $0.52. MGM China has a 12-month low of $0.42 and a 12-month high of $0.75.

About MGM China

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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.

Further Reading

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