MGM China (OTCMKTS:MCHVF) Upgraded at The Goldman Sachs Group

The Goldman Sachs Group upgraded shares of MGM China (OTCMKTS:MCHVF) from a neutral rating to a buy rating in a report published on Wednesday, Marketbeat.com reports.

MGM China Stock Performance

Shares of OTCMKTS:MCHVF opened at $1.51 on Wednesday. The firm’s 50 day moving average is $1.53 and its two-hundred day moving average is $1.36. MGM China has a 52 week low of $1.05 and a 52 week high of $1.65.

About MGM China

MGM China Holdings Limited, an investment holding company, engages in the development, ownership, and operation of gaming and lodging resorts in the Greater China region. The company develops and operates casino games of chance and other casino games, and related hotel and resort facilities, as well as provides hotel management services; and develops integrated resorts in Macau.