Galaxy Entertainment Group (OTCMKTS:GXYEF) Shares Down 10.5% – Should You Sell?

Galaxy Entertainment Group Limited (OTCMKTS:GXYEF)’s share price dropped 10.5% during trading on Tuesday . The company traded as low as $4.30 and last traded at $4.30. Approximately 5,200 shares were traded during trading, a decline of 8% from the average daily volume of 5,645 shares. The stock had previously closed at $4.81.

Galaxy Entertainment Group Price Performance

The company has a fifty day moving average price of $4.44 and a two-hundred day moving average price of $4.42.

Galaxy Entertainment Group Announces Dividend

The business also recently declared a dividend, which was paid on Friday, October 25th. Shareholders of record on Wednesday, September 25th were paid a $0.50 dividend. The ex-dividend date of this dividend was Tuesday, September 24th. This represents a yield of 1.71%.

Galaxy Entertainment Group Company Profile

Galaxy Entertainment Group Limited, an investment holding company, engages in the gaming and entertainment businesses in Macau, Hong Kong, and Mainland China. It operates through Gaming and Entertainment, and Construction Materials segments. The company operates casino games of chance or games of other forms; and provides hospitality and related services.