Galaxy Entertainment Group (OTCMKTS:GXYEF) Trading 1.8% Higher – Still a Buy?

Galaxy Entertainment Group Limited (OTCMKTS:GXYEFGet Free Report)’s stock price shot up 1.8% during trading on Thursday . The company traded as high as $4.20 and last traded at $4.20. 1,500 shares changed hands during trading, a decline of 75% from the average session volume of 5,919 shares. The stock had previously closed at $4.13.

Galaxy Entertainment Group Stock Performance

The stock’s 50-day moving average is $4.39 and its 200 day moving average is $4.49.

Galaxy Entertainment Group Announces Dividend

The company also recently announced a dividend, which was paid on Friday, October 25th. Investors of record on Wednesday, September 25th were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Tuesday, September 24th. This represents a yield of 1.71%.

Galaxy Entertainment Group Company Profile

(Get Free Report)

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.

Further Reading

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