Genting Singapore (OTCMKTS:GIGNY) Stock Price Down 2.7% – What’s Next?

Genting Singapore Limited (OTCMKTS:GIGNY) shares dropped 2.7% during trading on Wednesday . The stock traded as low as $32.60 and last traded at $32.60. Approximately 128 shares traded hands during mid-day trading, a decline of 71% from the average daily volume of 439 shares. The stock had previously closed at $33.50.

Genting Singapore Stock Performance

The company has a 50 day simple moving average of $32.03 and a two-hundred day simple moving average of $32.51.

Genting Singapore Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, October 2nd. Stockholders of record on Thursday, August 29th were given a dividend of $0.7074 per share. The ex-dividend date was Thursday, August 29th. This is an increase from Genting Singapore’s previous dividend of $0.66.

About Genting Singapore

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.