SkyCity Entertainment Group (OTC:SKYZF) Stock Price Down 16.5% – Here’s Why

SkyCity Entertainment Group Limited (OTC:SKYZFGet Free Report)’s stock price was down 16.5% on Wednesday . The stock traded as low as $0.76 and last traded at $0.76. Approximately 500 shares were traded during trading, an increase of 67% from the average daily volume of 300 shares. The stock had previously closed at $0.92.

SkyCity Entertainment Group Stock Performance

The business’s 50-day simple moving average is $0.91 and its 200-day simple moving average is $1.03.

About SkyCity Entertainment Group

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SkyCity Entertainment Group Limited, together with its subsidiaries, operates in the gaming, entertainment, hotel, convention, hospitality, and tourism sectors in New Zealand and Australia. It operates through Skycity Auckland, SkyCity Adelaide, International Business, and Other Operations segments. The company operates integrated entertainment complexes that includes casinos, hotels, conventions, restaurants and bars, entertainment and attractions, day spas, tenpin bowling and wellness centres, car parking, sky tower, theaters, telecommunications and broadcasting facilities, and office/retail spaces located in Auckland, Hamilton, Queenstown, and Adelaide.

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