Genting Singapore (OTCMKTS:GIGNY) Stock Price Down 4% – Time to Sell?

Genting Singapore Limited (OTCMKTS:GIGNYGet Free Report)’s stock price traded down 4% during trading on Friday . The company traded as low as $26.78 and last traded at $26.78. 11,100 shares traded hands during trading, an increase of 1,013% from the average session volume of 997 shares. The stock had previously closed at $27.90.

Genting Singapore Trading Down 4.0%

The stock’s fifty day moving average price is $28.15 and its 200 day moving average price is $28.01.

Genting Singapore Cuts Dividend

The company also recently declared a dividend, which will be paid on Tuesday, June 10th. Stockholders of record on Tuesday, May 6th will be issued a dividend of $0.7072 per share. This represents a dividend yield of 5.12%. The ex-dividend date of this dividend is Monday, May 5th.

Genting Singapore Company Profile

(Get Free Report)

Genting Singapore Limited, an investment holding company, primarily engages in the construction, development, and operation of integrated resort destinations in Asia. The company owns Resorts World Sentosa, a destination resort located on Singapore's resort island of Sentosa featuring S.E.A. Aquarium, an aquarium; Adventure Cove Waterpark, an aquatic park integrated with marine life; Universal Studios Singapore, a Universal Studios theme park; ESPA, a destination spa; indoor and outdoor MICE venues; and various dining, retail, and entertainment options.

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